The percentage discount on the object is 33.3%
Percent discount
Percent discount is the amount of money discounted from the sales price of a product.
Given the following
Cost price = Rs 150
Selling Price = Rs 100
%discount = CP - SP/CP * 100
%discount = 150-100/150 * 100
%discount 50/150 * 100
%discount = 33.3%
Hence the percentage discount on the object is 33.3%
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