Profit and Loss Practice Test 1

Question : 2 of 40

Marks: +1, -0

A fan is listed at Rs 750 with a discount of 20%. What additional discount must be offered to the customer to bring the net price to Rs 540?

Solution:

\table \MP ,\SP ,\Discount;750, 540 ,750 - 540 = 210

Discount per cent = x of MP

{x×750}/100=210

x={210×100}/750=28%

Single discount = 28%
Successive discount = 20%, x%

28%=20+x-20/100x

8=4/5x⇒x=10%

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