What is discount rate for list price 4452 and sale price 4411

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 4452 and sale price 4411, let’s first put it in the formula

${\small\%}\; discount = \frac{4452 - 4411}{4452} \times 100$

${\small\%}\; discount = \frac{41}{4452} \times 100$

${\small\%}\; discount = 0.0092 \times 100$

${\small\%}\; discount = 0.92$

The discount rate for products with list price 4452 and sale price 4411 is 0.92%