Marked price of a chair is Rs.1600. After giving two successive discounts of 10 percent and x percent, the chair is sold for Rs.1368. What is the value of x?
Answer & explanation
Correct answer: option 3
Marked price = 1600
First discount = 10%
SP after first discount = 90% of 1600 = 1440
Now the given SP after second discount x = 1368
Discount = x = 1440 - 1368 = 72
Discount % = \(\frac{72 × 100}{1440}\) = 5%