Discount – General Questions – This is the Free online test of aptitude Questions and Answers section on ” True Discount General Questions ” with explanation for various interview, competitive examination

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Calculating the discount is one of the most useful mathematical skills. We will apply it to give the tips at a restaurant, and sales in stores, and also set rates for own services. The basic way to calculate a discount is to multiply the original price by the decimal form of the given percentage rate. To calculate the sale price of any item, we need to subtract the discount from the original price. This article will help students to understand the concept of discount and discount formula with examples. Let us learn the concept in an easy way Discount MCQ

True discount

Procedure to Find Discount

1. The rate is usually given as a percentage value.
2. To find the discount, we have to multiply the rate by the original price.
3. To find the sale price, we have to subtract the discount from the original price

What is a Discount?

The term discount refers to the amount or percentage deducted from the normal selling price of something. The discount means a reduction in the price of a good or service. For example, we may ask the manager for a discount if the item is damaged.

Discount refers to the condition of the price of a bond that will be lower than the face value. Discount is a type of reduction or deduction in the cost price of a product. It is often used in consumer transactions, where people are provided with discounts on different products.

Discount MCQ

The Formula for Discount Computation

The discount rate is given here with percentage.

Discount= ListPrice−SellingPrice

SellingPrice= ListPrice−Discount

ListPrice= SellingPrice+Discount

Also, the discount percentage Formula is given as:

RateofDiscount= Discount% =(Discount/ListPrice)×100

SellingPrice= {ListPrice(100−discount%)} /100

List Price= Selling Price{100 / (100−discount%)}

True discount formula

P.W. =(100 x Amount / 100 + (R x T))= (100 x T.D. / R x T)

where

Present Worth = (P.W.)

True Discount = (T.D.)

True discount MCQ

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