Marked price of a TV is listed at ₹24,500. If it’s selling price is ₹20,090, then what is the discount percentage?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 18%.
Discount = MP − SP = 24,500 − 20,090 = ₹4,410
Discount % = (Discount/Marked Price) × 100 = (4410/24500) × 100 = 0.18 × 100 = 18%