Question

A toothpaste labeled at Rs 80 is sold for Rs 68. The rate of discount is:

• A. 12%
• B. 14%
• C. 15%
• D. 23%
• E. None of the above

Answer 1

The correct option is C 15%

Marked price (M.P)=Rs 80
Selling price (S.P.) =Rs 68.
Discount =M.P -S.P. =80-68 =Rs 12.
$\therefore$ Rate of discount =$\frac{Discount\times 100}{MarkedPrice}=\frac{12\times 100}{80}=15\%$