What is the discount percentage if the original price is $1500 and the selling price is $1200?
- 10%
- 15%
- 20%
- 25%
Explanation
Calculate the discount amount:
Original Price - Selling Price = Discount
$1500 - $1200 = $300
Calculate the discount percentage:
(Discount / Original Price) * 100%
($300 / $1500) * 100%
0.20 * 100% = 20%
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