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If a table marked price Rs. 6000 was sold to a customer for Rs. 5500, then the rate of discount allowed on the table is = ?
Answer & Solution
Correct Answer:
Option
C
$$\eqalign{
& {\text{Discount }} \cr
& {\text{ = 6000}} - {\text{5500 }} \cr
& {\text{ = Rs}}{\text{. 500}} \cr
& {\text{Discount}}\% {\text{ }} \cr
& = \frac{{500}}{{6000}} \times 100 \cr
& = \frac{{50}}{6} \cr
& = \frac{{25}}{3}{\text{ }} \cr
& = 8\frac{1}{3}\% \cr} $$
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