An article marked at Rs. 1600 is sold for Rs. 1360. Find the discount percentage.
Show answer & explanation
Correct answer: C
Explanation
Given:
Marked Price = ₹1600
Selling Price = ₹1360
Formula:
Discount % = (Discount / Marked Price) × 100
Discount = 1600 − 1360 = 240
Discount % = (240 / 1600) × 100 = 15
Discount Percentage = 15%