Two successive discounts each of x % on the marked price of an article are equal a single discount of ₹350. If the marked price of the article is ₹800, then the value of x is:
Answer & explanation
Correct answer: option 3
Marked price of the article = 800
Two successive discounts of x is given by = x + x - \(\frac{x^2}{100}\)
According to the question=
800 × ( x + x - \(\frac{x^2}{100}\)%) = 350
2x - \(\frac{x^2}{100}\) = \(\frac{175}{4}\)
x = 25%