Learn the relationship between marked price, discount, and selling price.
What to focus on
- Discount reduces MP to SP.
- Successive discount is not simple addition.
Quick formula / idea
- SP = MP × (100 - discount%)/100
MP = 1200 and discount = 15%, so SP = 1020.
Practice prompts
- Find SP for MP = 900 and discount = 12%.
- Find MP if SP = 680 after 15% discount.