What is discount rate for list price 2158 and sale price 2117

The discount rate is used to calculate the discount offered on the list price of a product. It is calculated in terms of percentage

The following is the formula for calculating the discount rate,

To calculate the discount rate of a product with list price 2158 and sale price 2117, let’s first put it in the formula

${\small\%}\; discount = \frac{2158 - 2117}{2158} \times 100$

${\small\%}\; discount = \frac{41}{2158} \times 100$

${\small\%}\; discount = 0.0190 \times 100$

${\small\%}\; discount = 1.90$

The discount rate for products with list price 2158 and sale price 2117 is 1.90%