ABC26GN2785 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2008 · Marks: · Difficulty:

An umbrella marked at ₹ 80 is sold for ₹ 68. The rate of discount is
(a)15\%
(b)17\%
(c)18.5\%
(d)20\%
Answer
Answer (as printed): A
Explanation
Rate of discount $=\left(\frac{12}{80} \times 100\right) \%=15 \%$.

Explanation as extracted from the printed page; notation may be imperfect.

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