SSC Selection Post 2022 PYQ — Question 68

SSC Selection Post - Matriculation Level - 05 Aug 2022 - Shift 1 • Quantitative Aptitude • Q68

An article is listed at Rs.900. A customer pays Rs.726.75 for it after getting two successive discounts. If the rate of first discount is 15%, the rate of the second discount is ________.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is Option 1 i.e. 5%.

List Price = ₹900

First Discount = 15%

Final Price Paid = ₹726.75

Price after first discount = 900 × (1−0.15) = 900 × 0.85 = ₹765 

Second Discount% = (1−726.75765)×100=(1−0.95)×100=5%\left(1 - \frac{726.75}{765} \right) \times 100 = (1 - 0.95) \times 100 = 5\%