## Discount

**Selling Price**=

**Marked Price**

**- Discount**

If discount is

**r%**, then**Selling Price**=**Marked Price X [ (100-r) / 100 ]****Note:**

**1. If there are two consecutive discounts of r% & R% on article, then Selling price of an article is:**

**2. If two consecutive discounts are r% & R%, then equivalent discount will be**

**3. If a shopkeeper wants to make a profit of R% after giving a discount of r%, then Marked Price(List Price) of Article is=**

**4. If a shopkeeper wants to make a profit of R% after giving a discount of r%, then the shopkeeper should write the Marked Price more than Cost Price by**

**5. If an Article is sold on consecutive discounts r1%, r2% and r3% then:**

a) If Marked Price is given then Selling Price of an Article is=

## Questions Asked from this Chapter:

### Question Type 1: Based on Successive Discounts

**Example:**

The market Price of an article is Rs 500. It is sold at the successive discount of 20% and 10%. The selling price of the article(in rupees) is:?

a) 350

b) 375

c) 360

d) 400

**Solution:**

### Question Type 2: Market Price is X% higher than Cost Price. A discount of Y% is Given on the Market Price.

**Example:**

A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10% for cash buying. What profit does he makes?

a) 18

b) 12

c) 10

d) 8

**Solution:**

### Question Type 3: A Shopkeeper earns a profit of X% after allowing a discount of Y% on the Printed Price.

**Example:**

A shopkeeper buys an article for Rs 180. He wishes to gain 20% after allowing a discount of 10% on the marked price to the customer. The marked price will be:

a) Rs 210

b) Rs 240

c) Rs 270

d) Rs 300

**Solution:**