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If a watch is being sold at Rs 7,225 whi...

If a watch is being sold at Rs 7,225 which is marked at Rs 8,500, then what is the discount (in %) at which the watch is being sold?

A

24

B

15

C

25

D

20

Text Solution

AI Generated Solution

The correct Answer is:
To find the discount percentage on the watch, we can follow these steps: ### Step 1: Identify the Marked Price (MP) and Selling Price (SP) - The marked price (MP) of the watch is Rs 8,500. - The selling price (SP) of the watch is Rs 7,225. ### Step 2: Calculate the Discount Amount To find the discount amount, we subtract the selling price from the marked price: \[ \text{Discount} = \text{MP} - \text{SP} \] \[ \text{Discount} = 8500 - 7225 \] \[ \text{Discount} = 1275 \] ### Step 3: Calculate the Discount Percentage To find the discount percentage, we use the formula: \[ \text{Discount Percentage} = \left( \frac{\text{Discount}}{\text{MP}} \right) \times 100 \] Substituting the values we found: \[ \text{Discount Percentage} = \left( \frac{1275}{8500} \right) \times 100 \] \[ \text{Discount Percentage} = 0.15 \times 100 \] \[ \text{Discount Percentage} = 15\% \] ### Final Answer The discount at which the watch is being sold is **15%**. ---
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