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Shalu bought a tea set at 3/10th of its MP and sold it at 50% more than its CP. Find the discount percent.
1. 25%
2. 50%
3. 45%
4. 55%
5. 75%

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Correct Answer - Option 4 : 55%

Given:

Shalu bought a tea set = 3/10th of MP

SP = 50% more than CP

Calculation:

Let MP be 100

⇒ CP = 3/10 × 100 = Rs. 30

⇒ SP = 30 × 150/100 = Rs. 45

⇒ discount = Rs (100 - 45) = Rs. 55

⇒ discount% = 55/100 × 100% = 55%

∴ The discount percent is 55%.

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