What is discount rate for list price 6500 and sale price 6459

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 6500 and sale price 6459, let’s first put it in the formula

${\small\%}\; discount = \frac{6500 - 6459}{6500} \times 100$

${\small\%}\; discount = \frac{41}{6500} \times 100$

${\small\%}\; discount = 0.0063 \times 100$

${\small\%}\; discount = 0.63$

The discount rate for products with list price 6500 and sale price 6459 is 0.63%