What is the discount rate percentage on a gift whose selling price is ₹420 after a reduction of ₹60 on its marked price? |
10.5 12.5 14.5 13.5 |
12.5 |
Selling price of the article = 420 Discount = 60 Marked price = 420 + 60 = 480 So, the percentage of discount = 60 × \(\frac{100}{480}\) = 12.5% |