A toothpaste marked at ₹90 is sold for ₹78. The rate of discount is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 13.33%.
Discount = Marked Price(MP) - Selling price
⇒ 90 - 78 = ₹12
So,
Discount% = Discount/MP × 100
⇒ 12/90 × 100 = 13.33%