The marked price of a watch is ₹16000. The shopkeeper gives two discounts to the customer, the first being 10%. If the customer pays ₹ 12240 for the watch, the second discount is :
After the first discount of 10% on ₹16000,
Discount =10% of ₹ 16000
=10100×16000=₹ 1600
Price of watch after 1st discount = ₹16000 - ₹1600 = ₹14400
As the customer pays ₹12240 after the second discount, the second discount amounts to:
₹14400 - ₹12240 = ₹2160
So the second discount percent is,
216014400×100=15%.