In General store, an item with an MRP of ₹35,600 is on the discount counter with a special price of ₹34,888. What is the percentage of discount given for that item?

3% 4% 1% 2%

2%

MRP = ₹35,600 SP = 34888  Discount = 35600 - 34888 = Rs. 712 Required discount percentage = \(\frac{712}{35600}\)× 100 = 2%