Question : A shopkeeper used to allow a discount of Rs. 20 on a product. He doubled the discount on the product and sold it for Rs. 80. What was the percentage of the discount offered?
Option 1: 20%
Option 2: 25%
Option 3: 30%
Option 4: 33.33%
Correct Answer: 33.33%
Solution : New discount = Rs. 40 Selling price = Rs. 80 Marked Price of the article = Rs. 80 + Rs. 40 = Rs. 120 If the discount is $x$%, then, $x$% of 120 = 40 ⇒ $\frac{x}{100} \times 120 = 40$ ⇒ $x = \frac{40 \times 100}{120}$ $\therefore x = 33.33$% Hence, the correct answer is 33.33%.
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