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If a product is marked at $500 and sold for $450, what is the discount percentage offered? (2023)

Practice Questions

1 question
Q1
If a product is marked at $500 and sold for $450, what is the discount percentage offered? (2023)
  1. 5%
  2. 10%
  3. 15%
  4. 20%

Questions & Step-by-step Solutions

1 item
Q
Q: If a product is marked at $500 and sold for $450, what is the discount percentage offered? (2023)
Solution: Discount = Marked Price - Selling Price = 500 - 450 = 50. Discount Percentage = (50/500) * 100 = 10%.
Steps: 0

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