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Target Math Paper 2 OTET & JT || Business Mathematics || Discount Concept+ MCQ by Shantanu Sir
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122 views12likes52:06OdiaTrickOriginal Release: 2026-04-30

This video teaches the fundamental concepts of discount in business mathematics, including the basic formulas for calculating marked price, selling price, and discount percentage. The instructor explains that marked price is the price printed on a product used as a base price, while selling price is the actual price at which the seller sells the article. The key formulas covered include: discount percentage = (discount/marked price) × 100, selling price = marked price × (100 - discount%) / 100, and marked price = selling price × 100 / (100 - discount%). The video also covers successive discounts, demonstrating how multiple discounts applied sequentially can be calculated using the ratio method or the formula for equivalent single discount. The instructor provides numerous solved examples and practice questions to help students understand these concepts for competitive exams like OTET and JT.

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