Arithmeticeasy · Past Paper
If the MP of an object is Rs. 100 and it is sold for Rs. 85, the discount rate is:
A15%
B10%
C20%
D12.5%
✓ Correct Answer: A — 15%
Discount = 100 - 85 = 15. Since MP is 100, the percentage is directly 15%.
Share this question
More from Arithmetic
- Express 5:4 as a percentage.
- By selling a cycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, what would be the selling price?
- Find the cost price of an article which is sold for Rs. 220 at a profit of 10%.
- If a person saves Rs. 100 at the end of every year at 10% CI, how much will he have after 2 years?
- A sum of money is doubled in 10 years at SI. In what time will it be tripled?