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A person while buying a dress on sale sp...

A person while buying a dress on sale spends Rs. 45 and saves Rs. 5, what is the percentage of his savings?

A

`5%`

B

`10%`

C

`15%`

D

`20%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will determine the percentage of savings based on the information given. ### Step 1: Identify the cost price and savings - The person spent Rs. 45 on the dress. - The savings amount is Rs. 5. ### Step 2: Calculate the market price (original price) - The market price is the amount before the discount, which can be calculated by adding the savings to the amount spent. - Market Price = Amount Spent + Savings - Market Price = Rs. 45 + Rs. 5 = Rs. 50 ### Step 3: Calculate the percentage of savings - The percentage of savings can be calculated using the formula: \[ \text{Percentage of Savings} = \left( \frac{\text{Savings}}{\text{Market Price}} \right) \times 100 \] - Substituting the values: \[ \text{Percentage of Savings} = \left( \frac{5}{50} \right) \times 100 \] ### Step 4: Simplify the calculation - Simplifying the fraction: \[ \frac{5}{50} = \frac{1}{10} \] - Now, multiply by 100: \[ \text{Percentage of Savings} = \frac{1}{10} \times 100 = 10\% \] ### Conclusion - The percentage of savings is **10%**. ---

To solve the problem step by step, we will determine the percentage of savings based on the information given. ### Step 1: Identify the cost price and savings - The person spent Rs. 45 on the dress. - The savings amount is Rs. 5. ### Step 2: Calculate the market price (original price) - The market price is the amount before the discount, which can be calculated by adding the savings to the amount spent. ...
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