Given: Marked price of an article is Rs. 28500 and its selling price is Rs. 15675.
Formula Used: Discount Percentage = (((Marked Price - Selling Price))/(Marked Price)) × 100
Solution:
Discount Percentage = ((28500- 15675)/28500) × 100
Discount Percentage = (12825/28500) × 100
Discount Percentage = 0.45 × 100
Discount Percentage = 45%
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