An induction stove marked ₹3750 is available for ₹3200 after discount. Find the rate of discount
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Answer:
14.667% discount
Rounded to 3 decimal places.
Step-by-step explanation:
We can use the formula of percentage increase or decrease. The formula is:
100* Difference
---------------
initial price
So here,
Intial price = 3750
Final price = 3200
Difference = 550
Using the formula:
100*(550/3750) = 14.667% discount
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