The marked price of an article is ₹3,500. If the selling price is ₹2,800, then the discount percent is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 20% .
Marked price = 3500
Selling price = 2800
Discount = 3500 − 2800 = 700
Discount percent = (700 ÷ 3500) × 100
= 0.2 × 100
= 20%