The marked price of an article is Rs. 530. After two successive discounts, it is sold at 395. If the first discount is 15% then find the 2nd discount.
Answer & explanation
Correct answer: option 2
2nd discount = 450.5 - 395 = Rs. 55.5
Discount percent (x%) = \(\frac{55.5}{450.5}\) × 100% = 12.31%