Multiple choice

The marked price of a table is Rs. 14600. If it is sold for Rs. 12410 after allowing a certain discount, then the rate of discount is -

  1. 5%

  2. 10%

  3. 15%

  4. 20%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Discount amount = Marked Price - Selling Price = 14600 - 12410 = Rs. 2190. Discount rate = (2190/14600) × 100 = 15%. Option C is correct. Option A (5%) would give only Rs. 730 discount, Option B (10%) would give Rs. 1460 discount, and Option D (20%) would give Rs. 2920 discount.

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