The marked price of a shirt is ₹2,150. Let two successive discounts offered by the store be 10% and ‘x%’. If the selling price of the shirt is ₹1,505, then calculate the value of ‘x’. [Give your answer correct to two decimal places.]
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 22.22%
Given:
Marked price = 2150
First discount = 10%
second discount = x%
Final selling price = 1505
Formula used:
Discount = Marked price - selling price
Discount% = (Discount/Marked Price) × 100
Calculations:
Selling price after first discount = 2150 × (100 - 10)% = 2150 × 0.9 = 1935
Final selling price = 1505
Discount = 1935 - 1505 = 430
Hence, x = (430/1935) × 100 = 22.22%