Final answer:
The discount on an item with a market price (M.P.) of 940 and a 5% discount is 47, and the sale price (S.P.) after applying the discount is 893.
Step-by-step explanation:
To find the discount and the sale price (S.P.) given the market price (M.P.) and the discount percentage, you can use the following steps:
- Calculate the discount amount by applying the discount percentage to the market price. The formula for calculating the discount is Discount = M.P. × (Discount Percent / 100).
- Subtract the discount from the market price to get the sale price. The formula for sale price is S.P. = M.P. - Discount.
Given:
- Market Price (M.P.) = 940
- Discount Percentage = 5%
Step 1: Calculate the discount
Discount = 940 × (5/100) = 940 × 0.05 = 47
Step 2: Calculate the sale price
S.P. = 940 - 47 = 893
Therefore, the discount offered is 47, and the sale price of the item after the discount is 893.