A shopkeeper gives two successive discounts on an article marked Rs. 450. The first discount given is 10 percent. If the customer pays Rs. 344.25 for the article, the second discount gives is = ?
A. 14%
B. 10%
C. 12%
D. 15%
Answer: Option D
Solution(By Examveda Team)
$$\eqalign{ & {\text{Marked price of an article}} \cr & = {\text{Rs}}{\text{. 450}} \cr & {\text{After 1st discount}} \cr & = {\text{450}} \times \frac{{90}}{{100}} \cr & = {\text{Rs}}{\text{. 405}} \cr & {\text{Cost price of an article}} \cr & = {\text{Rs}}{\text{. 344}}{\text{.25}} \cr & {\text{Difference}} \cr & = {\text{Rs}}{\text{. 405}} - 344.25\, \cr & = {\text{Rs}}{\text{. 60}}{\text{.75}} \cr & {\text{2nd discount}} \cr & = \frac{{60.75}}{{405}} \times 100 \cr & = 15\% \cr} $$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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