Multiple choice

Marked price of a Saree is Rs. 600 and is available on Rs. 450. Rate of discount is :

  1. 25%

  2. 30%

  3. 15%

  4. 40%
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A Correct answer
Explanation

Discount = Marked Price - Selling Price = 600 - 450 = 150. Discount percentage = (Discount / Marked Price) * 100 = (150 / 600) * 100 = (1/4) * 100 = 25%.

AI explanation

Using the discount percentage formula, which is ((marked price - selling price) / marked price) * 100, we substitute the given values. The discount amount is 600 - 450 = Rs 150. Therefore, the discount rate is (150 / 600) * 100 = 25%.

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