Somesh is a shopkeeper who gives two successive discounts on an umbrella marked ₹560. The first discount given is 17%. If the customer Mahesh pays ₹420 for the umbrella, then find the second discount given (correct to two places of decimals).
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 9.64%.
Price after 17% discount
Let the second discount be x%.
Selling Price = 464.80 − (x/100 × 464.80) = 420
⇒
⇒ 1 − x/100 = 420/464.80 ≈ 0.9036
⇒ x/100 = 1 − 0.9036 = 0.0964
⇒ x = 9.64%