What is discount rate for list price 7932 and sale price 7891

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 7932 and sale price 7891, let’s first put it in the formula

${\small\%}\; discount = \frac{7932 - 7891}{7932} \times 100$

${\small\%}\; discount = \frac{41}{7932} \times 100$

${\small\%}\; discount = 0.0052 \times 100$

${\small\%}\; discount = 0.52$

The discount rate for products with list price 7932 and sale price 7891 is 0.52%