3 Views

Question : The marked price of a speaker is Rs. 1000. A man buys it at Rs. 873 after getting two successive discounts of 10% and $x\%$. What is the value of $x\%$?

Option 1: 5%

Option 2: 8%

Option 3: 4%

Option 4: 3%


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 3%


Solution : Let the first discount as 10% and the second discount as \(x\%\).
After the first discount of 10%, the price of the speaker becomes 90% of the marked price = 0.9 × 1000 = Rs. 900
Given that the man buys it at Rs. 873 after the second discount.
$⇒ 900 × (1 - \frac{x}{100}) = 873$
$⇒ 100 × (1 - \frac{x}{100}) = 97$
$⇒ 100-x = 97$
$⇒ x = 3$
Hence, the correct answer is 3%.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books