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Marked price and selling price of an article are Rs. 7600 and Rs. 6688 respectively. What is the discount percentage?
Question

Marked price and selling price of an article are Rs. 7600 and Rs. 6688 respectively. What is the discount percentage?

A.

8 percent

B.

12 percent

C.

10 percent

D.

16 percent

Correct option is B

Given:
- Marked price = Rs. 7600
- Selling price = Rs. 6688
Formula Used:
Discount percentage = [(Marked price - Selling price) ÷ Marked price] × 100
Solution:
Discount = 7600 - 6688 = Rs. 912
Discount percentage = (912 ÷ 7600) × 100 = 12%

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