The marked price of a ceiling fan is Rs 720.

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 $\%=\left(\frac{\text { Discount }}{\text { MP }}\right) \times 100 \%$

$=\frac{36}{720} \times 100 \%$ $=5 \%$

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