Question:
Find the rate of discount being given on a shirt whose selling price is ₹ 1092 after deducting a discount of ₹ 208 on its marked price.
Solution:
SP of the shirt $=₹ 1,092$
Discount $=₹ 208$
MP $=$ SP $+$ Discount $=₹ 1,092+₹ 208=₹ 1,300$
$\therefore$ Rate of discount $=\frac{\text { Discount }}{\text { MP }} \times 100 \%=\frac{208}{1300} \times 100 \%=16 \%$
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