Question

If a phone worth 2000 is sold for 1500, what is the discount rate?​

Answer 1

Discount Rate=500/2000*100=25%

Answer 2

Marked Price = ₹2000

Selling Price = ₹1500

To Find : Discount Rate

Solution :

Discount = Marked Price - Selling Price = 2000-1500 = ₹500

Discount Percentage =
$\frac{discount}{marked \: price} \times 100 \\ \\ \frac{500}{2000} \times 100 \\ \\ = 25$
The required discount Percentage is 25%