Question

The marked price of a DVD is Rs. 1,200. It is sold at a discount of 4%. Find the discount allowed on the article.

Answer 1

Hint: We will use the formula of discount as:
 Discount = (rate of discount$ \times $marked price) / 100
and by putting the values of rate of discount and the marked price of the DVD, we will get the discount allowed on the article.

Complete step-by-step answer:
 The marked price of a DVD is given as Rs. 1,200.
The discount on which it is sold is 4%.
We need to calculate the discount price which is allowed on the article.
We have the formula of discount price as:
Discount = (rate of discount$ \times $marked price) / 100
On putting the values of rate of discount and marked price in this formula, we get
$ \Rightarrow $Discount = $\dfrac{{4 \times 1200}}{{100}} = \dfrac{{4800}}{{100}} = 48$
Therefore, the discount allowed on the DVD is Rs. 48.

Additional information: Discount refers to the reduction or deduction in price of a specific item from its cost price.
The discount equals the difference between the price paid and the original price of a certain product. It is generally used in the consumer transactions and markets where the customer is given a discount on the price of any article.

Note: In such questions, you may get confused while using the formula as well as in the question itself because there is only a discount written but not the discount price. You need to be careful while using the formula.