The price of a sweater was slashed from Rs 960 to Rs 816 by a shopkeeper in the winter season.
Question:

The price of a sweater was slashed from Rs 960 to Rs 816 by a shopkeeper in the winter season. Find the rate of discount given by him.

Solution:

Marked Price = Rs 960

Selling Price = Rs 816

Discount = MP − SP

Rate of discount $=144 \times \frac{100}{960}=15 \%$

Therefore, the discount on the sweater is 15%.

= Rs (960 − 816)

= Rs 144

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