An article is listed at Rs. 2000 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1400?
Solution
Correct Answer: Option A
S.P after 1st discount,
100%………2000
80%………?
?=2000×80/100=1600
Net S.P = Rs. 1400.
Discount on Rs. 1600 = Rs. 200.
∴Required discount = (200/1600 x 100)% =12.5%
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