The marked price of a microwave oven is ₹15,990 and it is sold for ₹12,792. What is the rate of discount offered?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 20%.
According to the given question,
Rate of discount = [(15990 - 12792)/15990] × 100
⇒ (3198/15990) × 100 = 20%