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A pair of shoes with a marked price of Rs. 1150 was sold at Rs. 897 during a sale. What was the percentage of discount that offered?
1. 18%
2. 24%
3. 22%
4. 12%

1 Answer

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Correct Answer - Option 3 : 22%

Solution:

Marked price = Rs. 1150

Selling price after discount = Rs. 897

Formula used:

Discount % = (Discount/Marked Price) × 100

Calculation:

Discount = Marked Price - Selling price

= 1150 - 897

= Rs. 253

∴ Discount% = (Discount/Marked Price) × 100

= (253/1150) × 100

= 22%

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