If Marked price of an article is Rs. 2500 and selling price is Rs. 2000. What is the discount percentage?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 20.
Discount Percentage = Discount / Marked Price × 100
Discount = Marked Price - Selling Price
Discount = 2500 - 2000 = 500
Discount Percentage = 500 / 2500 × 100 = 20%