Profit and Loss Practice Test 1

Question : 24 of 40

Marks: +1, -0

The list price of a watch is Rs. 720. A man buys it for Rs. 550.80 after getting two successive discounts, the first being 10%, find the second discount per cent.

Validate

Solution:

Let 2nd discount per cent = x% ; then,

90/100×{100-x}/100 × 720 = 550.80

⇒100 - x = 55080/{9 ×72}

⇒∴ x = 100 - 85 = 15%

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