The marked price of a radio is ₹ 1200. Find the discount percentage allowed on the radio if it is sold for ₹ 1050.
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Marked price of the ratio=₹ 1200
Selling price of the ratio =₹ 1050
Discount =M.P.-S.P.`=₹ (1200-1050)=₹ 150`
`:.` Discount Percentage `=(“Discount”)/(M.P.)(100%)=(150)/(1200)(100%)=12.5%`