Medium
Marked price of mobile is ₹8400. If it is sold at ₹7140, then the discount percentage is -
Explanation
Explanation
First find the discount amount: Discount = Marked Price − Selling Price = 8400 − 7140 = ₹1260. Then find the discount percentage using the formula (Discount ÷ Marked Price) × 100 = (1260 ÷ 8400) × 100 = 15%. So the correct answer is 15%, option (1).
PRO TIP
Re-check your working by substituting the answer back into the original question.