Question : The marked price of a toy is INR 100 and the selling price is INR 80. Calculate the discount percentage.
Option 1: 20%
Option 2: 40%
Option 3: 10%
Option 4: 30%
Answer (1)
8th Jan, 2024
Correct Answer: 20%
Solution :
Marked price of a toy = INR 100
Selling price = INR 80
Discount = marked price – selling price = 100 – 80 = 20
Discount percentage = $\frac{\text{Discount}}{\text{marked price}} × 100= \frac{20}{100} × 100= 20$%
Hence, the correct answer is 20%.
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