A dinner set is quoted for Rs. 1500. A customer pays Rs. 1173 for it. If the customer get a series of two discounts and the rate of first discount is 15% then the rate of second discount was?
A. 15%
B. 7%
C. 9%
D. 8%
Answer: Option D
Solution(By Examveda Team)
According to the question,First discount = 15%
S.P. of dinner set after first discount = (100 – 15)% of Rs. 1500
$$\eqalign{ & = Rs.\,\left( {\frac{{1500 \times 85}}{{100}}} \right) \cr & = {\text{Rs}}{\text{.}}\,1275 \cr} $$
Second discount = Rs. ( 1275 – 1173 ) = Rs. 102
If second discount be d %, then
$$\eqalign{ & \therefore \frac{{1275 \times {\text{d}}}}{{100}} = 102 \cr & \Rightarrow d = \frac{{102 \times 100}}{{1275}} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 8\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
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C. Rs. 2,750
D. Rs. 2,250
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