What is discount rate for list price 2666 and sale price 2625

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 2666 and sale price 2625, let’s first put it in the formula

${\small\%}\; discount = \frac{2666 - 2625}{2666} \times 100$

${\small\%}\; discount = \frac{41}{2666} \times 100$

${\small\%}\; discount = 0.0154 \times 100$

${\small\%}\; discount = 1.54$

The discount rate for products with list price 2666 and sale price 2625 is 1.54%