Marked price and selling price of an article are Rs. 2450 and Rs. 1960 respectively. Waat is the discount percentage?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 20 percent.
Discount = Marked Price - Selling Price = 2450 - 1960 = 490
Discount Percentage = Discount / Marked Price ×100
Discount Percentage = 490 / 2450 × 100 = 20%
The discount percentage is 20%.