If the ratio of marked price and selling price of an article is 13 : 9, then what is the discount percentage?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 30.77%.
Given that, ratio of MP to SP = 13 : 9
Let the marked price and selling price of the article be 13x and 9x respectively.
Discount Percentage =
⇒ = 30.77%
Hence the discount percentage is 30.77%.