What is discount rate for list price 5211 and sale price 5170

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 5211 and sale price 5170, let’s first put it in the formula

${\small\%}\; discount = \frac{5211 - 5170}{5211} \times 100$

${\small\%}\; discount = \frac{41}{5211} \times 100$

${\small\%}\; discount = 0.0079 \times 100$

${\small\%}\; discount = 0.79$

The discount rate for products with list price 5211 and sale price 5170 is 0.79%