The marked price of a mobile phone is ₹15,000 and the shopkeeper sold it for Rs. 13,500. What is the rate of discount offered by the shopkeeper?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 10%.
Discount = ₹15,000 - ₹13,500 = ₹1,500
Discount Percentage = (Discount / Marked Price) × 100
Discount Percentage = (₹1,500 / ₹15,000) × 100 = 10%