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If cost price = 1500 and selling price = 1200, discount percentage is:

Question: If cost price = 1500 and selling price = 1200, discount percentage is:
  • A. 10%
  • B. 18%
  • C. 20% ✓
  • D. 25%
Correct Answer: C. 20%
Explanation: Discount = 1500 − 1200 = 300; Discount% = 300/1500 ×100 = 20%.

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