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The marked price of an article is Rs. 3,500. If the selling price is Rs. 2,800, then the discount percent is:
Question

The marked price of an article is Rs. 3,500. If the selling price is Rs. 2,800, then the discount percent is:

A.

20%

B.

17.9%

C.

18.5%

D.

15%

Correct option is A

Given:
Marked Price (MP) = ₹3500
Selling Price (SP) = ₹2800
Formula Used:
Discount = MP − SP
Discount% = (Discount / MP) × 100
Solution:
Discount = 3500 − 2800 = 700
Discount% = 7003500\frac {700 }{ 3500}​× 100
= 0.2 × 100
= 20%

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