An article is sold for₹747 after successive discounts of 17% and x%. If the marked price of the article is ₹1,600, what is the value of x?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 43.75
The marked price of the article (MP) = ₹1,600
The first discount = 17%
Discount amount = (17/100) × 1600 = ₹272
Price after the first discount = 1600 - 272 = ₹1328
The article is finally sold for ₹747.
Second discount amount = 1328 - 747 = ₹581
So, x = (Second discount amount/Price after first discount) × 100
= (581/1328) × 100
= 43.75
Therefore, the value of x is 43.75.