Question : A product, whose marked price is Rs. 840, is sold for Rs. 798 by a wholesale shop. What is the percentage discount given by him?
Option 1: 6%
Option 2: 5%
Option 3: 3%
Option 4: 4%
Answer (1)
12th Jan, 2024
Correct Answer: 5%
Solution :
A product's marked price = Rs. 840
Selling price = Rs. 798
Discount percentage = $\frac{840-798}{840}×100=\frac{42}{840}×100=5$%
Hence, the correct answer is 5%.
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