The marked price of a saree is 23,800 and it is available for 23,230. What is the rate of discount?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e.15%.
MP = 3800
SP = 3230
Discount = 3800 - 3230 = 570
Discount percentage = (570/3800) × 100 = 15%
Therefore, the rate of discount is 15%.