A company offers a buy 2 get 1 free scheme on pens priced at Rs. 10 each. What is the effective discount percentage?
Given:
Price of 1 pen = ₹10
Buy 2 pens and get 1 pen free.
Formula Used:
Solution:
Total cost without discount = 3 × ₹10 = ₹30
Discount = ₹10 (1 pen free)
Effective discount percentage = × 100
Effective discount percentage = 33 %
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