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15 percent of marked price is equal to the 18 percent of selling price. What is the discount percentage?

5125Medium DSSSB TGT Computer Science 0 replies 0 views
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15 percent of marked price is equal to the 18 percent of selling price. What is the discount percentage?
  • A14.28
  • B20
  • C17.5
  • D16.66
Correct answer: D

Explanation

0.15 MP = 0.18 SP, so SP/MP = 5/6. Discount = 1/6 of MP = 16.66%.
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