Question:
The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs 684. Determine the discount percent.
Solution:
Given:
MP of the ceiling fan $=$ Rs. 720
SP of the ceiling fan $=$ Rs. 684
Since SP $=$ MP $-$ Discount,
Discount $=\mathrm{MP}-\mathrm{SP}$
$=$ Rs. $(720-684)$
$=$ Rs. 36
Discount $\%=\left(\frac{\text { Discount }}{\text { MP }}\right) \times 100 \%$
$=\frac{36}{720} \times 100 \%$ $=5 \%$