The marked price of a study table is ₹3,200. It will be offered for ₹2,448 after two successive discounts. If the first discount is 10%, the second discount is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 15%
Given,
Marked Price = 3200
First discount 10%, after the first discount Selling price
⇒ 3200 × (100 - 10)/100
⇒ 2880
Final Selling price = 2448
Second discount % = (2880 - 2448)/2880 × 100
⇒ 432/2880 × 100
⇒ 15%
∴ The second discount on the item is 15%.