A coat marked at ₹145 is offered at ₹ 127.6. The rate of retail discount offered is:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 12%.
Discount% = [(Marked Price - Selling Price)/Marked Price] × 100
According to the given question,
Discount % = [(145 - 127.6)/145] × 100
⇒ (17.4/145) × 100 = 12%