A table is marked at Rs. 20,000 is sold at Rs. 14,000. What is the percentage of discount given?
Show answer & explanation
Correct answer: D
Explanation
Given:
Marked Price = 20,000
Selling Price = 14,000
Formula:
Discount % = (Marked Price − Selling Price) / Marked Price × 100
Discount = 20,000 − 14,000 = 6,000
Discount % = (6,000 / 20,000) × 100 = 30%