In a store, an item with marked price of Rs.82,500 is available at a discounted price of Rs.79,200. What is the percentage of discount given on that item?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 4%.
Given that
The marked price of the item =Rs 82,500
Selling price = Rs. 79,200
Discount = 85,500 - 79,200 = Rs 3,300
Formula used
Discount % = × 100
Hence, Discount% = × 100 = 4%