A pen is listed for Rs. 12. A discount of 15% is given on it. A second discount is given bringing the price down to Rs. 8.16. The rate of second discount is
A
15%
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B
18%
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C
20%
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D
25%
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Solution
The correct option is C20% M.P. = Rs. 12, discount rate =15% ∴ Net price after 1st discount =85100×12= Rs. 10.20 Final selling price = Rs. 8.16 ∴ Additional discount = Rs. 10.20− Rs. 8.16= Rs. 2.04 ∴ Additional discount rate =(2.0410.20×100)%=20%.