In a u.t.c.store the marked price of a radio set is #1500. What is the new price at 5% discount?

Answer 1

To calculate the new price of the radio set after applying a 5% discount, you can follow these steps:

1. Determine the amount of the discount: \[ \text{Discount} = \text{Marked Price} \times \frac{\text{Discount Rate}}{100} \] \[ \text{Discount} = 1500 \times \frac{5}{100} = 1500 \times 0.05 = 75 \]

2. Subtract the discount from the marked price to find the new price: \[ \text{New Price} = \text{Marked Price} - \text{Discount} \] \[ \text{New Price} = 1500 - 75 = 1425 \]

Therefore, the new price of the radio set after a 5% discount is #1425.