A cycle is marked at ₹4,500 and sold for ₹3,600. What is the percentage discount?
Show answer & explanation
Correct answer: B
Explanation
Marked Price (MP) = ₹4500
Selling Price (SP) = ₹3600
Discount = 4500 - 3600
= ₹900
Discount Percentage = (900/4500) × 100
= 20%