Mp price of a cricket bat is 2500 and selling price is 2150 then find the rebate and percentage of rebate
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350 will be rebate because 2500-2150
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● The rebate that the consumer got from the purchase of cricket bat is 350 rupees and the percentage of rebate is 14%.
● Rebate here is the discount given by the seller to the consumer.
● Rebate = Actual Price - Selling Price
= 2500 - 2150 = 350
Percentage of rebate
= {(Discounted Price) / (Actually Price)} * 100
= (350 / 2500) * 100
= 14%
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