All Exams Test series for 1 year @ ₹349 only
Question

Two successive discounts, with the first being 10%, were given on an article having the marked price of ₹ 7,500. Finally, it was sold for ₹ 5,805. What percent was the second discount ?

The correct answer is

14%

Understanding the Successive Discounts Problem

This question involves calculating a second discount percentage when an article's marked price and final selling price are known, along with the first discount percentage.

Given Information:

  • Marked Price (MP) of the article = ₹ 7,500
  • Final Selling Price (SP) = ₹ 5,805
  • First Discount (D1) = 10%
  • Second Discount (D2) = ? (This is what we need to find)

Step-by-Step Calculation of the Second Discount

Step 1: Calculate the price after the first discount.

The first discount of 10% is applied to the marked price.

Amount of the first discount = $10\%$ of ₹ 7,500

Amount of D1 = $\frac{10}{100} \times 7500 = \frac{1}{10} \times 7500 = ₹ 750$

Price after the first discount (let's call this Intermediate Price, IP) is:

IP = Marked Price - Amount of D1

IP = $7500 - 750 = ₹ 6,750$

Step 2: Calculate the amount of the second discount.

The second discount is applied to the intermediate price (the price after the first discount). The final selling price is achieved after applying this second discount.

Amount of the second discount = Intermediate Price - Final Selling Price

Amount of D2 = $6750 - 5805 = ₹ 945$

Step 3: Calculate the second discount percentage.

The second discount percentage is calculated based on the intermediate price.

Second Discount Percentage (D2) = $\left( \frac{\text{Amount of D}_2}{\text{Intermediate Price}} \right) \times 100$

D2 = $\left( \frac{945}{6750} \right) \times 100$

To simplify the fraction $\frac{945}{6750}$:

  • Divide both by 5: $\frac{189}{1350}$
  • Divide both by 9: $\frac{21}{150}$
  • Divide both by 3: $\frac{7}{50}$

So, D2 = $\frac{7}{50} \times 100 = 7 \times 2 = 14\%$

Conclusion

The second discount given on the article was 14%.

This matches option 4.

Was this answer helpful?

Important Questions from Successive Selling

  1. Rohan purchased a table at the rate of Rs. 275 per table. If he sells 16 tables for Rs. 5060, then what will be the profit percentage?

  2. the cost price of an article is 30% less than the selling price of that article, then what will be the profit percentage?

  3. A single discount equivalent to three successive discounts i.e. 7%, 12% and 5% is:

  4. The marked price of an article is ₹450. It is sold for ₹267.30, after offering three successive discounts of 10%, x%, and 20%. What is the value of x?

  5. A Shopkeeper loses 10% on selling an article for Rs. 360. To gain 30%, what should have been selling price of the article?

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App