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A book is marked at $50. If it is sold for $40, what is the percentage discount

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Question: A book is marked at $50. If it is sold for $40, what is the percentage discount given?

Options:

  1. 20%
  2. 25%
  3. 30%
  4. 15%

Correct Answer: 25%

Solution: 

Discount = Marked Price - Selling Price = 50 - 40 = 10. Percentage Discount = (10/50) * 100 = 20%.

A book is marked at $50. If it is sold for $40, what is the percentage discount

Practice Questions

Q1
A book is marked at $50. If it is sold for $40, what is the percentage discount given?
  1. 20%
  2. 25%
  3. 30%
  4. 15%

Questions & Step-by-Step Solutions

A book is marked at $50. If it is sold for $40, what is the percentage discount given?
  • Step 1: Identify the marked price of the book, which is $50.
  • Step 2: Identify the selling price of the book, which is $40.
  • Step 3: Calculate the discount by subtracting the selling price from the marked price: 50 - 40 = 10.
  • Step 4: To find the percentage discount, divide the discount by the marked price: 10 / 50.
  • Step 5: Multiply the result by 100 to convert it to a percentage: (10 / 50) * 100 = 20.
  • Discount Calculation – Understanding how to calculate the discount amount and the percentage discount based on marked and selling prices.
  • Percentage Calculation – Applying the formula for percentage to find the discount percentage.
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