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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 = ?

A. 10%

B. 8%

C. $$8\frac{1}{3}\% $$

D. 9%

Answer: Option C

Solution(By Examveda Team)

$$\eqalign{ & {\text{Discount }} \cr & {\text{ = 6000}} - {\text{5500 }} \cr & {\text{ = Rs}}{\text{. 500}} \cr & {\text{Discount}}\% {\text{ }} \cr & = \frac{{500}}{{6000}} \times 100 \cr & = \frac{{50}}{6} \cr & = \frac{{25}}{3}{\text{ }} \cr & = 8\frac{1}{3}\% \cr} $$

This Question Belongs to Arithmetic Ability >> True Discount

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