Question : An umbrella is marked for INR 150 and sold for INR 138. The rate of discount is:
Option 1: 5%
Option 2: 8%
Option 3: 6%
Option 4: 9%
Correct Answer: 8%
Solution :
Given: An umbrella is marked for INR 150 and sold for INR 138.
Use the formulas, Discount = Marked price – Selling price,
Discount percentage = $\frac{\text{Discount}}{\text{Marked price}}\times 100$.
⇒ Discount = 150 – 138 = INR 12
The rate of discount = $\frac{12}{150}\times 100=8$%
Hence, the correct answer is 8%.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
