A sofa is marked at ₹5,000 and sold for ₹4,250 after two successive discounts of 10% and a certain percentage. What is the second discount?
Show answer & explanation
Correct answer: A
Explanation
Marked Price = ₹5000
First discount = 10%
Price after first discount = 5000 × 90/100
= ₹4500
Let the second discount be x%
Final selling price = ₹4250
4500 × (100 - x)/100 = 4250
(100 - x)/100 = 4250/4500
(100 - x)/100 = 17/18
100 - x = 1700/18
100 - x = 94.44
x = 100 - 94.44
x = 5.56%