Microwave Selling Price Calculation
This section details the calculation for the selling price of a microwave after applying a discount based on its price tag.
Price Calculation Formula
The selling price ($SP$) is determined by subtracting the discount amount from the marked price ($MP$). The discount amount is calculated as a percentage of the marked price.
- Discount Amount ($D$) = $MP \times \frac{\text{Discount Percentage}}{100}$
- Selling Price ($SP$) = $MP - D$
Microwave Price Calculation Steps
Given Information:
- Marked Price ($MP$) = Rs. 5000
- Discount Percentage = 18%
Step 1: Determine the Discount Amount
Calculate the monetary value of the 18% discount offered on the microwave:
$D = 5000 \times \frac{18}{100}$
$D = 5000 \times 0.18$
$D = 900$
The discount amount is Rs. 900.
Step 2: Calculate the Final Selling Price
Subtract the calculated discount amount from the original price tag:
$SP = 5000 - 900$
$SP = 4100$
The final selling price of the microwave is Rs. 4100.
Similar Questions
- A buyer gets two successive discounts of 20% and 10% on a Rs. 1000 item. What is the price paid?
- A store offers a "$25\%$ off" discount but charges $5\%$ VAT on the discounted price. If the marked price is Rs. $1600$, what is the final amount paid?
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Important Questions from Discount and MP
A single discount equivalent to two successive discounts of 15% and 25% is:
Ramesh purchases 75 articles for ₹ 10800 and sells them at a loss equal to the selling price of 5 articles. What will be the selling price of one article?
A TV was available for Rs. 14,500. The price came down to Rs. 11,890 during the Diwali sale. What is the percentage discount?
A shopkeeper marks the marked price of an article 30% more than its real price and offers 10% discount. What is the gain percentage?
An article was sold for Rs. 1,215 after giving a discount of 19%. If a discount of 17.5% is given, then for how much (in Rs.) should the article be sold?
