Question : A mobile phone is listed at 1,500 and a discount of 10% is offered on the price. What additional discount must be offered to the customer now to bring the net price to Rs. 1,242?
Option 1: 10%
Option 2: 8%
Option 3: 12%
Option 4: 18%
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Correct Answer: 8%
Solution : Given: List price = Rs. 1,500 Net price = Rs. 1,242 1st discount = $\frac{10}{100} × 1500$ = 150 Price after 1st discount = 1500 – 150 = 1,350 Difference between price after 1st discount and net price = 1350 – 1242 = 108 2nd discount = $\frac{\text{Difference}}{\text{Price after 1st discount}}×100$ = $\frac{108}{1350}×100$ = 8% Hence, the correct answer is 8%.
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