1. Find discount Statement

2. Recap Selling Price(SP) = Marked Price (MP) – Discount(D)
If Marked Price and Discount is given Selling Price can be calculated as follows
Selling Price(SP) = Marked Price (MP) – Discount(D)
If Selling Price and Discount is given Marked Price can be calculated as follows
Marked Price (MP) = Selling Price(SP) + Discount(D)
If Marked Price and Selling Price is given Discount can be calculated as follows
Discount(D) = Marked Price (MP) – Selling Price(SP)

3. Application of Discounts
During festival seasons and in the Tamil month of ‘‘Aadi’’, discounts or
rebates of 10%, 20%, 30%, etc., are offered to attract customers by Cooptex,
Khadi and other shops for various items to promote sales.

4. Example1: A bicycle marked at Rs 1,500 is sold for Rs 1,350.
What is the percentage of discount?
Solution Given : Marked Price = Rs 1500, Selling Price = Rs 1350
To Find: Discount %
Discount = Marked Price – Selling Price
= 1500 – = 150
Ans: Discount % =10

5. Example2:- The list price of a frock is Rs 220
Example2:- The list price of a frock is Rs 220. A discount of 20% on sales is
announced. What is the amount of discount on it and its selling price?
Solution Given : M.P = Rs 220, discount% = 20
To Find: Discount and Selling price
We know that Selling Price = Marked Price – Discount
= 220 – 44 = Rs 176
Ans: Discount = Rs 44 and Selling price = Rs 176

6. Try these A bicycle marked at Rs. 900 is sold for Rs. 873 .
What is the percentage of discount?
A school bag marked as Rs.500 is sold for Rs.350.
what is the percentage of discount?