An article is listed at ₹1,200. A customer pays ₹972 for it after getting two successive discounts. If the rate of the first discount is 10%, then the rate of the second discount is:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 10%
Given that
The listed price is ₹1,200
Selling price = ₹972
One discount given is 10% and let another discount be x%.
According to the question
⇒ Selling price = listed price × (100 - 10)/100 × (100 - x)/100
⇒ 972 = 1200 × (90/100) × (100 - x)/100
⇒ 9720 = 108 × (100 - x)
⇒ 90 = 100 - x
⇒ x = 100 - 90 = 10%