An article is marked at a price of ₹240 and sold for ₹220. What is the percentage discount on the article? (Correct to two decimal places)
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 8.33%.
Marked Price (MP) = ₹240
Selling Price (SP) = ₹220
Discount = 240 − 220 = ₹20
Discount% = = 8.33%