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The market value of the share is 88% more than the face value. Find the relation between face value and discount if the selling price is 12% less than the market value.

Correct Answer: Discount = 22.56% of the face value
Let the face value of the share be 100. The market value of the share = 88% more than the face value = 100 + 88% of 100 = 188 The selling price = 12% less than the market value = 188 – 12% of 188 = 165.44 The discount = 188 – 165.44 = 22.56 The relation between discount and face value is discount = 22.56% of face value.

The market value of the share is 100% more than the face value. Find the relation between face value and discount if the selling price is 50% less than the market value.

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