What is the discount amount on a Rs. 1,200 item sold at 15% discount?
Show answer & explanation
Correct answer: D
Explanation
Given:
Marked Price (MP) = ₹1200
Discount = 15%
Formula:
Discount = (Discount % ÷ 100) × Marked Price
Discount = (15 ÷ 100) × 1200
Discount = 0.15 × 1200
Discount = 180