Correct Answer - Option 2 : 60%
Given∶
An offer, “Buy 2 plastic Mugs take 3 plastic Mugs free.”
Formula∶
Discount = Marked Price – Selling Price
Discount % = (Discount / Marked Price) × 100
Calculation∶
Let the price of one Mug be Rs 100
Total number of Mugs = 2 + 3 = 5
Number of Mugs buys = 2
Thus, the marked price of 5 Mugs = Rs. 500
And the selling price of 2 Mugs = Rs. 200
Discount = Marked price – Selling price = 500 – 200
⇒ Discount = Rs. 300
Discount % = (Discount / Marked price) × 100
⇒ Discount % = (300 / 500) × 100 = 60%
∴ The hidden discount is of 60%.