Question
On an item there is 8% discount on the marked price of
Rs.32,000. After giving an additional season's discount, the item is sold for Rs.25,000. How much is the season's discount (in %)? (Correct to two places of decimal)Solution
The original marked price is 32,000, and the initial discount is 8%. The price after the initial discount is calculated as: Discounted Price = Marked Price- Initial Discount = 32000 - (32000 Ă— 0.08) = 32000-2560 Â = 29440 The item is sold for â‚ą25,000 after applying an additional season's discount on the discounted price of â‚ą29,440. How much less price =29440-25000 =4440 Percentage less = (4440 /29440) Ă—100 = (111/736) Ă—100 =11100/736 =15.08%
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