Multiple choice

The rate of discount being offered on a shirt, if the selling price is Rs. 546 after deducting a discount of Rs. 104 on its marked price, is

  1. 14%

  2. 18%

  3. 15%

  4. 16%

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The marked price is selling price + discount = 546 + 104 = 650. The discount rate is (discount / marked price) * 100 = (104 / 650) * 100 = 16%.

AI explanation

The marked price is the sum of the selling price and the discount, giving 546 plus 104, which equals Rs. 650. Using the discount percentage formula, Discount Percent equals 104 divided by 650 multiplied by 100. This calculation results in a discount rate of 16 percent.