Practicing Success
The selling price of a product was equal to 50% of the cost price. Two successive discounts were offered on the product. If the first discount was 20%, then how much was the other discount? |
37.5% 33.33% 30% 25% |
37.5% |
Let the marked price be 100 According to the question, Let the other discount = x 100 × \(\frac{100 - 20}{100}\) × \(\frac{100 - x}{100}\) = 50 (SP which is half of the CP) 80 × (100 - x) = 5000 x = 100 - 62.5 = 37.5% ∴ Other discount is 37.5%. |