25 thoughts on “How to find percent discount from cost and selling price

  1. Tarun and Kunjoos commenced business as partners on April 1, 2012. Tarun

    contributed Rs.45,000 and Kunjoos Rs. 20,000 as their share of capital. The partners

    decided to share their profits in the ratio of 2:1. Tarun was entitled to a salary of Rs.

    6,000 p.a. Interest on capital was to be provided @ 6% p.a. The drawings of Tarun

    and Kunjoos for the year ending March 31, 2012 were Rs.4,000 and Rs.8,000,

    respectively. The profits of the firm after providing Tarun salary and interest on

    capital were Rs.12,000.

  2. omgggggggggggggggggg thank you sooooo much my online teacher cuz of corona he barely explained!!! and you sir HELPED MEEEEEEEEEEEEEEEEEEEEE

  3. Thank you for making this video, I was searching all over trying to find the solution for solving this type of problem.
    5 videos later and i found yours and boom solved.
    Thank you so much

  4. I used formula: percent discount = (1 – (sell/cost) ) * 100
    percent discount = (1 – (550.40/860) ) * 100
    percent discount = (1 – .64) * 100
    percent discount = .36 * 100
    percent discount = 36%
    ———————————–
    Other formula:

    sell = (1 – (percent discount/100) )* cost
    sell = (1 – (36/100) ) * 860
    sell = (.64) * 860
    sell = $550.40

    cost = sell / (1 – (percent discount/100) )
    cost = 550.40 / (1 – (36/100) )
    cost = 550.40 / (.64)
    cost = $860

    Have fun!

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