Question : A machine is marked at Rs. 6800 and available at a discount of 10%. The shopkeeper gives another off-season discount to the buyer and sells the machine for Rs. 5202. Find the off-season discount?
Option 1: 10%
Option 2: 12%
Option 3: 15%
Option 4: 18%
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Correct Answer: 15%
Solution :
Marked price of the machine = Rs. 6800
Price after first discount = $\frac{90}{100}$ × 6800 = Rs. 6120
The selling price of the machine = Rs. 5202
Discount percentage
$=\frac{\text{ Initial value – Final value}}{\text{Initial value}}\times100=\frac{6120-5202}{6120}× 100
= \frac{918}{6120} × 100= 15\%$
Hence, the correct answer is 15%.
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