The marked price of a chair is ₹1,800, and a discount of 18% is offered on the marked price. What additional discount must be offered to the customer now to bring the net price to ₹1,220? (Correct to two places of decimals.)
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 17.34%.
Price after 18% discount = 1800 × 82/100 = 1476
Let additional discount = x%
Then,
⇒ 1476 × (1 - ) = 1220
⇒ (1 - ) =
⇒ 1 - =
⇒ =
⇒ x = 17.34%