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A good marked at 500 is sold for 470. What is the discount percentage?

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answer is A.

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Detailed Solution

$D i s c o u n t p e r c e n t = \frac{D i s c o u n t}{l i s t p r i c e} \times 100$

$D i s c o u n t = M a r k e d p r i c e - S a l e p r i c e$

$D i s c o u n t = 500 - 470$

$D i s c o u n t = 30$

$D i s c o u n t p e r c e n t = \frac{30}{500} \times 100$

$D i s c o u n t p e r c e n t = 6 %$

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