The marked price of a watch was ₹96,000. A man bought the same watch for ₹67,584 after getting two successive discounts. If the first discount was of 12%, what was the quantum of the second discount?
Answer & explanation
Correct answer: option 4
Marked price of the article = 96000
First discount = 12%
Second discount = x%
So according to the question,
SP after 12% discount = 88% of the MP
SP after 12% discount = 88 × \(\frac{96000}{100}\) = 84480
Final selling price of the article = 67,584
Second discount = x% = ( 84480 - 67584 ) × \(\frac{100}{84480}\) = 25%