Two successive discounts, with the first being 10%, were given on an article having the marked price of ₹7500. Finally it was sold for ₹5805. What percent was the second discount?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 14%.
Given:
Marked price = 7500
Final selling price = 5805
First discount = 10%
Calculations:
Selling price after first discount of 10% = 7500 × 90% = 6750
Let the second discount be x%
Final selling price after x% discount = 5805
⇒ x = [(6750 - 5805)/6750] × 100
⇒ x = 14%