A retailer offers a discount scheme on shirts, that is, buy 3, get 2 free. What is the discount percentage?
Answer & explanation
Correct answer: option 4
Buy 3, get 2 free is given in the statement then,
Direct concept
Profit% = \(\frac{Free \; quantity}{Buying \; quantity + Free \; quantity}\) × 100
Profit% = \(\frac{2}{3 + 2}\) × 100 = 40%