A pair of headphones marked at ₹ 1,600 is sold for ₹ 1,450. What is the percentage of discount (correct to two decimal places)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 9.38%.
Given:
Marked price = 1600
Selling price = 1450
Formula used:
Discount = Marked price - selling price ---- (1)
Discount% = [Discount/Marked price] × 100 ---- (2)
Calculations:
Using equation (1),
Discount = 1600 - 1450 = 150
Using equation (2), we get
Required discount % = [150/1600] × 100
= 9.375% or 9.38%