The marked price of a frock is ₹4,500. It is to be sold at ₹2,400 at two successive discounts. If the first discount is 20%, then the second discount will be:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 33%.
M.P. = Rs.4500
S.P. = 2400
Selling price = Marked price × (100 - discount%)/100
Discount % = (Marked Price - Selling Price)/Marked Price × 100
S.P. of the article after 20% discount = 4500 × 80/100 = 3600
Second S.P. = Rs.2400
Second discount = 3600 - 2400 = Rs.1200
Discount percentage = 1200/3600 × 100 = 33%