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

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 = ($$\frac{Discount }{ Marked \ Price}$$​) × 100

Solution:

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

Thus, the discount percentage is 12%.