Question

The marked price of an article is $\mathrm{Rs}.80$ and it is sold at $\mathrm{Rs}.76$, then the discount rate is:

• A. $5\%$
• B. $95\%$
• C. $10\%$
• D. $\mathrm{Appx}.11\%$

Answer 1

The correct option is A

$5\%$

The explanation for the correct option:

The discount is computed as,

$$\begin{gathered} \mathrm{Discount}=\mathrm{Marked}\mathrm{price}-\mathrm{Selling}\mathrm{price} \\ \Rightarrow =80-76 \\ \Rightarrow =\mathrm{Rs}.4 \end{gathered}$$

The discount is always given at marked price.

$$\begin{gathered} \mathrm{Discount}\%=\frac{\mathrm{Discount}}{\mathrm{Marked}\mathrm{price}}\times 100 \\ \Rightarrow =\frac{4}{80}\times 100 \\ \Rightarrow =\frac{1}{20}\times 100 \\ \Rightarrow =5\% \end{gathered}$$

Thus, the discount is $5\%$.

Hence, the option (A) is correct.