Question : The marked price of an article is Rs. 250. After allowing two successive discounts of 20% and $x$% on the marked price, it is sold for Rs. 185.60. What is the value of $x$?
Option 1: 8.4%
Option 2: 7.2%
Option 3: 6.8%
Option 4: 7.6%
Correct Answer: 7.2%
Solution :
Given,
MP of the article = Rs. 250
⇒ SP of the article after getting 20% discount = $250 × \frac{80}{100}$ = 200
Also,
Final SP of the article = Rs. 185.60
⇒ Discount = 200 – 185.60 = 14.40
So, the discount percentage = $\frac{14.40}{200} × 100$ = 7.2%
Hence, the correct answer is 7.2%.
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