Profit and Loss Practice Test 1

Question : 10 of 40

Marks: +1, -0

A fan is listed at Rs. 1500 and a discount of 20% is offered on the marked price. What additional discount must be offered to the customer to bring the net price to Rs. 1104?

Validate

Solution:

Let additional discount be x% then,

80/100×{100-x}/100× 1500 = 1104

⇒ 100 – x = 92 ⇒ x% = 8%

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