The marked price of a machine is ₹16,000. The shopkeeper gives two successive discounts of 15% and N% to the customer. If the customer paid ₹12,240 for the machine, the value of N is:
10%
After the first 15% discount, the price is \(16000\times0.85=13600\).
The customer paid ₹12,240, so the second discount factor is \(\dfrac{12240}{13600}=0.9\), meaning a 10% discount.
Hence, the value of N is 10%.
Similar Questions
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Important Questions from Discount and MP
If a trader marks the price of an article 50 percent more than the cost price and allows a discount of 30 percent, then what is his profit percentage?
What will be the selling price of an article if two successive discounts of 15% and 12% are offered on its marked price of Rs. 25,500?
Printed price of a mobile is Rs. 6,400. It is sold in Rs. 2,560 with two consecutive discount. If first discount is 20%, then what is the second discount?
Lekhana saves Rs. 15 on the purchase of a book when a discount of 20% is given. How much did she pay for the book?
What will be the selling price if three successive discounts of 10% is applied on an item marked at Rs 3000?
