The marked price of a washing machine is Rs.23,500 and the shopkeeper sold it for Rs.20,915. What is the percentage of discount offered by the shopkeeper?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 11%
Marked price of the washing machine = Rs. 23500
Selling price of the washing machine = Rs. 20915
Discount = [(Marked price - Selling price)/Marked price] × 100
Discount = [(23500 - 20915)/23500] × 100 = 11%