Question

A fan is listed at ₹1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to ₹1104 ?

• A. $8\%$
• B. $10\%$
• C. $12\%$
• D. $15\%$

Answer 1

The correct option is A

$8\%$

M.P. = ₹1500
Discount = 20%
$\therefore$S.P. $=80\%$ of $1500=\frac{80}{100}\times 1500$ = ₹1200
Final S.P. = ₹1104
$\therefore$Additional discount = ₹1200 – ₹1104 = ₹96
$\therefore$ Additional discount rate $=\frac{96}{1200}\times 100=8\%$