The marked price of a washing machine is ₹15,000. A retailer buys it at ₹11,250, after getting two successive discounts of 15% and another rate which is illegible. What is the second discount rate?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. .
Price after first discount = 15000 × (85/100) = 12750
Let Second discount = x%
So, 12750 × (1 - x/100) = 11250
⇒ 1 - x/100 = 11250/12750 = 15/17
⇒ x/100 = 1 - 15/17 = 2/17
⇒ x = 200/17 =