A shopkeeper offers a festival deal, "Flat Rs. 150 off on every purchase above Rs. 1000." What is the effective discount percentage if a buyer purchases an item marked Rs. 1200?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 12.5%.
Discount percentage = 150/1200 × 100 = 12.5%