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%