An article was subject to three successive discounts, whereby a customer had to pay 2,366.8 less than the marked price of 12,500. If the rates of the first two discounts were, respectively, 12% and 6%, then what was the rate percentage of the third discount?

Challenger App

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

An article was subject to three successive discounts, whereby a customer had to pay 2,366.8 less than the marked price of 12,500. If the rates of the first two discounts were, respectively, 12% and 6%, then what was the rate percentage of the third discount?

A3.6

B2

C3

D2.5

Answer:

B. 2

Read Explanation:

SP = 12500 - 2366.8 = 10133.2 Price after two discounts = 12500 × 22/25 × 47/50 = 10340 Last discount amount = 10340 - 10133.2 = 206.8 Discount% = (206.8/10340) × 100 = 2%

Read more in App

Related Questions:

By selling an article at Rs. 800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

On selling an article for Rs 651, there is a loss of 7%. The cost price of that article is:

The marked price of an article is 60% more than its cost price. What should be the discount (in %) offered by the shopkeeper so that he earns a Profit of 12%?

The price of fuel decreases by 60%, 30% and 20% in three successive months, but increases by 60% in the fourth month. What is the percentage increase/decrease in the price of fuel in the fourth month as compared to its original price?

A shopkeeper sold a book at a loss of 14%. If the selling price had been increased by Rs.100, there would have been a gain of 6%. What was the cost price of the book?