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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%


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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%.

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