What is discount rate for list price 6052 and sale price 6011

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 6052 and sale price 6011, let’s first put it in the formula

${\small\%}\; discount = \frac{6052 - 6011}{6052} \times 100$

${\small\%}\; discount = \frac{41}{6052} \times 100$

${\small\%}\; discount = 0.0068 \times 100$

${\small\%}\; discount = 0.68$

The discount rate for products with list price 6052 and sale price 6011 is 0.68%