The marked price of an article is ₹250. After allowing two successive discounts of 20% and x% on the marked price, it is sold for ₹185.60. What is the value of x?
Answer & explanation
Correct answer: option 2
Marked price of article = 250
After allowing discount 20% the selling price = 80% of 250 = 200
Final selling price = 185.6
another discount, x = 200 - 185.6 = 14.4
x% = 14.4 × \(\frac{100}{200}\) = 7.2%