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A mixer marked at Rs.2,300 is sold for Rs.2,024. What is the percentage of discount?
13%
10%
12%
11%
To determine the percentage of discount, follow these steps:
- Marked Price: Rs. 2,300
- Selling Price: Rs. 2,024
- Discount Amount: Rs. 2,300 - Rs. 2,024 = Rs. 276
- Discount Percentage Formula: (Discount Amount / Marked Price) × 100
Now, let's calculate:
- Discount Percentage: (276 / 2300) × 100 ˜ 12%
- Option 1: 13% - This option is slightly higher than the actual discount percentage.
- Option 2: 10% - This is lower than the actual discount percentage.
- Option 3: 12% - This exactly matches the calculated discount percentage.
- Option 4: 11% - This is slightly less than the actual discount percentage.
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