A coat was sold for Tk 75. The coat was sold for 150% of the cost of the coat. How much did the coat cost?
A
Tk. 150
B
Tk. 45
C
Tk. 50
D
Tk. 60
Correct Answer: Tk. 50
Let the cost of the coat be X. Then, 150% of X = 75 or, 150/100 of X = 75 or, X = 75×100/150 = 50 TK