A microwave oven has a marked price of ₹8,000. It sells for ₹6,200 during the sale season. What is the offered percentage discount?
Show answer & explanation
Correct answer: A
Explanation
Given:
Marked Price (MP) = ₹8000
Selling Price (SP) = ₹6200
Formula:
Discount % = (Discount ÷ Marked Price) × 100
Discount = 8000 − 6200 = 1800
Discount % = (1800 ÷ 8000) × 100 = 22.5%