Question

In a grocery store, an item with an MRP of Rs 1,000 is on a discount counter with a special prices of Rs 979. What is the percentage of discount given for that item?
1. 2.1%
2. 0.9%
3. 1.2%
4. 1.1%

Answer 1

Correct Answer - Option 1 : 2.1%

Given-

MRP = Rs 1,000

Discounted Special Price = Rs. 979 

Formula Used-

Discount % = (MRP - Discounted Price)/MRP × 100

Calculation- 

Discount % = (1000 - 979)/1000 × 100

⇒ 2.1

∴ Percentage of discount given for that item = 2.1%