A table marked at Rs.15000 is available for Rs.14400. What is the percentage of discount?
4
Marked price is the normal price of an article or thing without a discount.
The price at which the article is sold is called selling price.
Discount = Marked price - Selling price
Discount = Marked price−Selling priceMarked price×100
Discount = 15000−1440015000×100
= 60015000×100=4%
Hence, the discount is 4%