Find the rate of discount when an article marked at Rs. $1500$ is sold at Rs. $1140$ .

25 %

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76 %

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24 %

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20 %

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Solution

The correct option is B $24 %$
Given, M.P. $=$ Rs. $1500$ , S.P. $=$ Rs. $1140$
Discount $=$ M.P. $-$ S.P.
Discount $= 1500 - 1140 =$ Rs. $360$
Discount $%$ $= \frac{360}{1500} \times 100 = 24 %$
Thus the rate of discount is $24 %$ .

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