Question : The marked price of a CD is Rs. 250. It is sold for Rs. 225. The rate of discount is:
Option 1: $2.5$%
Option 2: $10$%
Option 3: $25$%
Option 4: $11\frac{1}{9}$%
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Correct Answer: $10$%
Solution :
Given: The marked price of a CD is Rs. 250 and the selling price is Rs. 225.
Discount price = 250 – 225 = Rs. 25
Discount percentage = $ \frac{\text{Discount}}{\text{Marked price}}\times 100=\frac{25}{250}\times 100=10\%$
Hence, the correct answer is $10$%.
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