Question

find the marked price and the rate of discount for a television whose price has been reduced by $69 and whose sale price is $439

Answer 1

Marked price is $ 508 and rate of discount is 15.72%

Explanation:

Given,

Selling price = $ 439,

Discount or reduction in price = $ 69,

Thus, marked price = selling price + reduction,

= 439 + 69

= $ 508,

Rate of discount =
`\frac{\text{Discount}}{\text{Marked price}}* 100`

`=(69)/(439)* 100`

`=(6900)/(439)`

`\approx 15.72\%`