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The discount per cent is calculated on t...

The discount per cent is calculated on the_________ price of an article.

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To answer the question: "The discount percent is calculated on the_________ price of an article," we need to identify the correct term that fills in the blank. ### Step-by-Step Solution: 1. **Understanding Discount**: - A discount is a reduction in the price of an item, often expressed as a percentage of the original price. 2. **Identifying the Price Types**: - There are typically two main prices associated with an article: the **Marked Price (MP)** and the **Selling Price (SP)**. - **Marked Price**: This is the original price or the price displayed on the article. - **Selling Price**: This is the price after the discount has been applied. 3. **Calculating Discount Percent**: - The discount percent is calculated based on the marked price. The formula for calculating discount percent is: \[ \text{Discount Percent} = \left( \frac{\text{Discount}}{\text{Marked Price}} \right) \times 100 \] - This means that the discount is taken from the marked price, not the selling price. 4. **Conclusion**: - Therefore, the correct term to fill in the blank is **"marked"**. The complete sentence reads: "The discount percent is calculated on the **marked** price of an article." ### Final Answer: The discount percent is calculated on the **marked** price of an article. ---
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