# Finding Discounts

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**Discount** is a

This is generally given to attract customers to buy goods or to promote sales of the goods. You can find the discount by subtracting its **sale price** from its **marked price**.

So,

**Discount** = **Marked price** – **Sale price**

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## Example 1

An item marked at ₹ 840 is sold for ₹714. What is the discount and discount %?

- We have the given values- Marked price: ₹
and Selling Price: ₹ - Since discount is on marked price, we will have to use marked price as the base.
- On marked price of ₹ 840, the discount is ₹
. - Now, using the discount percentage formula: we get discount % of
- Calculating discount
- We have found the required values

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## Example 2

The list price of a frock is ₹ 220. A discount of 20% is announced on sales. What is the amount of discount on it and its sale price.

- Marked price is same as the list price.
- 20% discount means that on ₹ 100 (MP), the discount is ₹
. - On 220, discount = (20/100) × 220 = ₹
- Sale price = ₹ 220 – ₹ 44 = ₹
- We have found the sale price.