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An article is listed at Rs. 8500 and discount offered is 12%. What additional discount (percent) must be given to bring the selling price to Rs. 6358
1. 10%
2. 20%
3. 15%
4. 9%

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Correct Answer - Option 3 : 15%

Given:

List price of an article = Rs. 8500 and two discount offered first one is 12% and second one we have to find. Also the selling price = Rs. 6358

Calculation:

List price = Rs. 8,500 and Discount = 12% (12% = -3/25 = 22/25)

⇒ After first discount price came down by = (8500) × 22/25 = 85 × 88 = Rs. 7480

⇒ As given selling price = Rs. 6,358

⇒ Discount given = Rs. (7480 - 6358) = Rs. 1122

Discount is on the given List price = (1122/7480) × 100 = 15%.

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