The marked price of an article is ₹1,000. After two successive discounts, it is sold for ₹600. If the first discount is x%, and the second discount is 25%, then what is the value of x?
Answer & explanation
Correct answer: option 4
Marked Price (MP) of the article = Rs.1000
Selling Price (SP) of the article = Rs.600
First discount = x%
Second discount = 25%
ATQ,
1000 × \(\frac{(100 - x) }{100}\) × \(\frac{75}{100}\) = 600
(100 - x) = 600 × \(\frac{100}{75}\) × \(\frac{1}{10}\)
100 - x = 80
x = 20%