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Question

A fan is listed at Rs. 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 Rs. 1104.

A
8%
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B
10%
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C
12%
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D
15%
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Solution

The correct option is A 8%
M.P. =Rs.1500,
Discount =20%
S.P. =80% of Rs.1500=80100×1500=Rs.1200
Final S.P. =Rs.1104
Additional discount =Rs.1200Rs.1104=Rs.96
Additional discount rate =961200×100=8%

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