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The marked price of a toy is ₹ 450. Afte...

The marked price of a toy is ₹ 450. After a certain discount on the marked price, the selling price of the toy is ₹405. The rate of discount is:

A

a)`8%`

B

b)`12%`

C

c)`15%`

D

d)`10%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the rate of discount on the toy, we can follow these steps: ### Step 1: Identify the Marked Price and Selling Price - The marked price (MP) of the toy is ₹450. - The selling price (SP) of the toy is ₹405. ### Step 2: Calculate the Discount - The discount (D) can be calculated using the formula: \[ D = MP - SP \] - Substituting the values: \[ D = 450 - 405 = 45 \] ### Step 3: Calculate the Rate of Discount - The rate of discount (R) is calculated using the formula: \[ R = \left( \frac{D}{MP} \right) \times 100 \] - Substituting the values: \[ R = \left( \frac{45}{450} \right) \times 100 \] ### Step 4: Simplify the Calculation - Simplifying the fraction: \[ R = \left( \frac{1}{10} \right) \times 100 = 10 \] ### Conclusion - The rate of discount is **10%**. ---
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