The price of a coat in a certain store is tk 500. If the price of the coat is to be reduced by tk 150, by what percent is the price to be reduced?
A
10%
B
15%
C
20%
D
30%
Correct Answer: 30%
Cost price of coat is $500 . Cost is reduced by $150Percent decrease in prce = (500/150)×100=30