A 12½% discount allowed on an article amounted to $25.50. What was the list price?
A) $204.00
B) $229.50
C) $3.19
D) $29.14
E) $178.50

Name: A 12½% discount allowed on an article amounted to $25.50. What was the list price? A) $204.00 B) $229.50 C) $3.19 D) $29.14 E) $178.50
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Question

Quizplus · Accepted Answer

The discount amount of $25.50 represents 12.5% of the list price. To find the list price, divide the discount amount by the discount rate: $25.50 / 0.125 = $204.

A 12½% Discount Allowed on an Article Amounted to $25