If the list price of a pair of shoes is Tk. 1500, and a discount of Tk. 375 is offered, then what is the discount percentage?

Question: If the list price of a pair of shoes is Tk. 1500, and a discount of Tk. 375 is offered, then what is the discount percentage?

Solution:
Given,
Marked Price = Tk. 1500
Discount = Tk. 375

We know,
Discount % = (Discount/marked Price) × 100
Discount (%) = (375/1500) ×100%
= 25%

∴ Therefore, the discount percentage is calculated as 25%