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The marked price of a refrigerator is Rs. 47,500. During off season, it is sold for Rs. 41,800. Determine the discount percentage.
Question

The marked price of a refrigerator is Rs. 47,500. During off season, it is sold for Rs. 41,800. Determine the discount percentage.

A.

10.5%

B.

12%

C.

9%

D.

11%

Correct option is B

Given:

Marked price (MP) of the refrigerator = Rs. 47,500
Selling price (SP) of the refrigerator = Rs. 41,800

Formula Used:

The discount percentage can be calculated using the formula:
Discount Percentage = (DiscountMarked Price\frac{Discount }{ Marked \ Price}​) × 100

Solution:

Discount = 47,500 - 41,800 = 5,700
Discount Percentage = (5,70047,500\frac{5,700 }{47,500}​) × 100 = 12%

Thus, the discount percentage is 12%.

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