An article is listed at . A customer pays for it after getting two successive discounts. If the rate of first discount is , the rate of the second discount is ______.
- A
- B
- C
- D
Solution & Step-by-step Explanation
Given:Marked Price () = First Discount = Final Selling Price () = Price after the first discount:
Let the second discount rate be .The price after the second discount equals the final selling price:
Dividing by :
So,
Thus, the rate of the second discount is .
Let the second discount rate be .The price after the second discount equals the final selling price:
Dividing by :
So,
Thus, the rate of the second discount is .