The marked price of an article is ₹280

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹2800. The selling price of the article is ₹2408. What is the discount percentage?

Options:

18%

24%

16%

14%

Correct Answer:

14%

Explanation:

Marked price of an article = ₹2800

Selling price of the article = ₹2408

Discount % = ( 2800 - 2408) × \(\frac{100}{2800}\) = 14%