A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs. 1104 ?
A. 8%
B. 10%
C. 15%
D. 12%
Answer: Option A
Solution(By Examveda Team)
Listed price of fan = Rs. 1500After discount listed price
$$\eqalign{ & {\text{ = 80}}\% {\text{ of 1500}} \cr & {\text{ = }}\frac{{80}}{{100}} \times {\text{1500 }} \cr & {\text{ = Rs}}{\text{. 1200}} \cr} $$
Net price of fan = Rs. 1104
Differece = 1200 - 1104 = Rs. 96
Additional discount
$$\eqalign{ & {\text{ = }}\frac{{96}}{{1200}} \times 100 \cr & = 8\% \cr} $$
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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