Question
Download Solution PDFThe marked price of a microwave oven is ₹15,990 and it is sold for ₹12,792. What is the rate of discount offered?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price (M.P) = Rs.15990
Selling price (S.P) = Rs.12792
Formula used:
Discount = (M.P - S.P)
Discount% = (discount × 100)/M.P
Calculation:
Discount = (15990 - 12792) = Rs.3198
Discount% = (discount × 100)/M.P
⇒ (3198 × 100)/15990
⇒ 2 × 10 = 20%
∴ The correct answer is 20%.
Last updated on Jun 13, 2025
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