On an item there is 8% discount on the marked price of ₹32,000. After giving an additional season's discount, the item is sold for ₹25,000. How much is the season's discount (in %)? (Correct to two places of decimal)
- A12.08%
- B14.08%
- C13.08%
- D15.08%
Solution & Step-by-step Explanation
Marked Price (MP) = ₹32,000
First discount = 8%
Price after the first discount:
Price
1
=32000×(1−
100
8
)=32000×0.92=₹29,440
The final selling price (SP) after the season's discount is ₹25,000.
Amount of season's discount given on Price
1
:
Season’s Discount Value=29440−25000=₹4,440
Season's discount percentage:
Season’s Discount Percentage=(
29440
4440
)×100
Season’s Discount Percentage=
2944
44400
%≈15.0815%≈15.08%
First discount = 8%
Price after the first discount:
Price
1
=32000×(1−
100
8
)=32000×0.92=₹29,440
The final selling price (SP) after the season's discount is ₹25,000.
Amount of season's discount given on Price
1
:
Season’s Discount Value=29440−25000=₹4,440
Season's discount percentage:
Season’s Discount Percentage=(
29440
4440
)×100
Season’s Discount Percentage=
2944
44400
%≈15.0815%≈15.08%