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If a jacket is marked at $150 and is sold for $120, what is the discount percent

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Question: If a jacket is marked at $150 and is sold for $120, what is the discount percentage?

Options:

  1. 15%
  2. 20%
  3. 25%
  4. 30%

Correct Answer: 25%

Solution:

Discount = 150 - 120 = 30. Discount percentage = (30 / 150) * 100 = 20%.

If a jacket is marked at $150 and is sold for $120, what is the discount percent

Practice Questions

Q1
If a jacket is marked at $150 and is sold for $120, what is the discount percentage?
  1. 15%
  2. 20%
  3. 25%
  4. 30%

Questions & Step-by-Step Solutions

If a jacket is marked at $150 and is sold for $120, what is the discount percentage?
Correct Answer: 20%
  • Step 1: Identify the marked price of the jacket, which is $150.
  • Step 2: Identify the selling price of the jacket, which is $120.
  • Step 3: Calculate the discount amount by subtracting the selling price from the marked price: 150 - 120 = 30.
  • Step 4: Calculate the discount percentage by dividing the discount amount by the marked price: 30 / 150.
  • Step 5: Multiply the result from Step 4 by 100 to convert it to a percentage: (30 / 150) * 100.
  • Step 6: The final result is 20%, which is the discount percentage.
  • Discount Calculation – Understanding how to calculate the discount amount and the discount percentage based on the original price and the sale price.
  • Percentage Calculation – Applying the formula for percentage to find the discount percentage from the discount amount.
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