The marked price of an article is 450 percent of its cost price. Its cost price is 25 percent of its selling price. What is the discount percentage?
Show answer & explanation
Correct answer: A
Explanation
Let CP = ₹100
Marked Price = 450% of CP = ₹450
SP = 100 × 100/25 = ₹400
Discount = ₹450 – ₹400 = ₹50
Discount Percentage = 50/450 × 100= 11.11%