Question

The marked price of a bed sheet is Rs. 1500. A customer pays Rs. 1173 for it. If the customer got a series of two discounts and the rate of first discount is 15% then the rate of second discount was:
1. 15%
2. 7%
3. 9%
4. 8%

Answer 1

Correct Answer - Option 4 : 8%

GIVEN:

Marked price = Rs. 1500

And

Selling price = Rs. 1173

First discount = 15%

CONCEPT:
Basic concept of discount.

FORMULA USED:

Discount = [(MP – SP)/MP] × 100

CALCULATION:

Overall discount

= [(1500 – 1173)/1500] × 100

= 21.8%

Suppose 2^nd discount = x%

So,

15 + x – 15x/100 = 21.8

⇒ 0.85x = 6.8

⇒ x = 8

∴ Second discount = 8%