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 An article is listed at Rs. 7600 and the discount offered on it is 10%. What additional discount must be given to bring the net selling price to Rs. 5814 ?
1. 15%
2. 12%
3. 11%
4. 10%

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Correct Answer - Option 1 : 15%

Given:

An article is listed at Rs. 7600 and the discount offered on it is 10%.

Concept used:

Profit and Loss

Calculation

10% discount on Mark price of an article which is Rs.7600

⇒ \(7600 \times \frac{9}{{10}} = Rs.\:6840\)

New selling Price = Rs. 6840

Difference between two selling price = 5814 - 6840

Difference = 926

Additional Discount = \(\frac{{926}}{{6840}} \times 100 = 15\% \)

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