The marked price of an article is Rs. 5000. The cost price of the article is Rs. 3000. It is sold at a profit of 25 percent. What is the discount percentage?
Show answer & explanation
Correct answer: B
Explanation
Selling Price = 3000 × 125/100 = ₹3750
Discount = 5000 – 3750 = ₹1250
Discount Percentage = 1250/5000 × 100 = 25%