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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% |
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Answer» Correct Answer - Option 4 : 8% GIVEN: Marked price = Rs. 1500 And Selling price = Rs. 1173 First discount = 15% CONCEPT: FORMULA USED: Discount = [(MP – SP)/MP] × 100 CALCULATION: Overall discount = [(1500 – 1173)/1500] × 100 = 21.8% Suppose 2nd discount = x% So, 15 + x – 15x/100 = 21.8 ⇒ 0.85x = 6.8 ⇒ x = 8 ∴ Second discount = 8% |
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