Multiple choice

The marked price of an article is Rs 80 and it is sold at Rs 76. The discount rate is :

  1. $5%$
  2. $95%$
  3. $10%$
  4. $approx 11%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Discount = 80 - 76 = 4. Discount rate = (4 / 80) * 100 = 5%.

AI explanation

The discount amount on the article is the marked price minus the selling price, which is 80 - 76 = Rs 4. Using the discount percentage formula, we divide the discount by the marked price and multiply by 100. This gives (4 / 80) * 100 = 5%.

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