What do you mean by marked price, list price, discount?

Asked by Last Modified  

1 Answer

Learn Mathematics +2 Profit, Loss and Discount

Follow 0
Answer

Please enter your answer

Chandan Singh

Tutor

Marked Price: In big shops and departmental stores, every article is tagged with a card and its price is written on it. This is called the marked price of that article, abbreviated as MP. For books, the printed price is the marked price. List Price: Items which are manufactured in a factory are marked...
read more
Marked Price: In big shops and departmental stores, every article is tagged with a card and its price is written on it. This is called the marked price of that article, abbreviated as MP. For books, the printed price is the marked price. List Price: Items which are manufactured in a factory are marked with a price according to the list supplied by the factory, at which the retailer is supposed to sell them. This price is known as the list price of the article. Discount: In order to increase the sale or clear the old stock, sometimes the shopkeepers offer a certain percentage of rebate on the marked price. This rebate is known as discount. read less
Comments
Dislike Bookmark

Related Questions

Name the axes where the two coordinate meet?
The point of intersection of the axes is called the origin.
Bimal
What are boolean algebra laws?
Boolean algebra laws are 1)commutative law. 2)assosiative law. 3)distributive law. 4)demorgon's law.
Gagandeep
0 0
7
How do I get over 95% in the ICSE class 10 board exams?
U can get 95% marks if u work hard and study regularly 8to 10hours daily.u have also first go through the text book throghly and the do practice from different samples papers and 10years of previous years...
Tejas
0 0
5
What I should do study for coming in merit list of 10th board exam?
Spend more time on revising the topics which you have learn and concentrate on areas where you are weak. If you follow this you can definitely fetch a good score. If devote your full dedication and time...
Hole
What I should do study for coming in merit list of 10th board exam?
Determination and regularity are key points. Make plan, make small achievable goal and do it for that. Make schedule of daily and must follow with giving them high preference.
Hole

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

The Completing the Square Method
In this video, we'll study "The Completing the Square Method"

Sunil Yadav

1 0
0
Graph of Ellipses and Circle Step by Step: 9x^2 + y^2 + 126x + 2y + 433
Graph of Ellipses and Circle Step by Step: 9x^2 + y^2 + 126x + 2y + 433

Dr. s kumar

0 0
0
Drawing Tangents to a Circle from Outside

Saurav

0 0
0
Class-10 L-5 Arithmetic Progressions Ex-5.3 Q1 (i)

Ashish bhatia

0 0
0
Class 11th - Conic sections
Determine the co-ordinates (x,y) of foci for given parabola. y2 = 2(x-1)
G

GOODWILL GATE2IIT

1 0
0

Recommended Articles

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Swati, a Hindi Tutor from Bangalore

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Quest Academy - Institute of the month

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Find Class 10 Tuition near you
Class 10 Tuition in Delhi
Class 10 Tuition in Bangalore
Class 10 Tuition in Hyderabad
Class 10 Tuition in Kolkata
Class 10 Tuition in Chennai
Class 10 Tuition in Mumbai
Class 10 Tuition in Pune
Class 10 Tuition in Noida
Class 10 Tuition in Lucknow
Class 10 Tuition in Gurgaon
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you