Marked price of an article is 150 percent of the value of discount. Marked price is what percent of the selling price?
Show answer & explanation
Correct answer: A
Explanation
Given:
Marked Price = 150% Discount
Formula:
Discount = Marked Price − Selling Price
Let's say discount = 100
Marked Price = 150
Selling Price = Marked Price − Discount
= 150 − 100
= 50
Percentage of Marked Price = (150 / 50) × 100 = 300%