If an item is originally priced at $150 and is discounted to $120, what percentage is the discount?

Question

A
30%
B
15%
C
20%
D
25%

Answer 1

To find the percentage discount, use the formula:

\[ \text{Percentage Discount} = \left( \frac{\text{Original Price} - \text{Discounted Price}}{\text{Original Price}} \right) \times 100 \]

In this case, the original price is $150 and the discounted price is $120.

1. Calculate the discount amount: \[ \text{Discount Amount} = 150 - 120 = 30 \]

2. Insert the values into the percentage discount formula: \[ \text{Percentage Discount} = \left( \frac{30}{150} \right) \times 100 \]

3. Calculate: \[ \frac{30}{150} = 0.2 \] \[ 0.2 \times 100 = 20% \]

Thus, the percentage discount is 20%.

The correct answer is C: 20%.