Question : A mixer marked at Rs. 2,300 is sold for Rs. 2,024. What is the percentage of discount?
Option 1: 13%
Option 2: 10%
Option 3: 12%
Option 4: 11%
Correct Answer: 12%
Solution :
Given,
A mixer marked at Rs. 2,300 is sold for Rs. 2,024
Discount = Marked price - Selling price = 2300 – 2024 = Rs. 276
Now, discount percentage = $(\frac{\text{Discount}}{\text{Marked price}}) × 100$
= $\frac{276}{2300} × 100$
= 0.12 × 100 = 12%
Hence, the correct answer is 12%.
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