Question : An article is listed at INR 7,600 and the discount offered unit is 10%. What additional discount must be given to bring the net selling price to INR 5,814?
Option 1: 8%
Option 2: 10%
Option 3: 12%
Option 4: 15%
Correct Answer: 15%
Solution :
Given: An article is listed at INR 7,600 and the discount offered unit is 10%.
Discount = Marked price – Selling price
The price after 10% discount = $\frac{90}{100}\times 7600=$ INR 6,840.
The net selling price is INR 5,814.
The second discount = INR 6840 – INR 5814 = INR 1,026.
The additional discount = $\frac{1026}{6840}\times 100=15$%.
Hence, the correct answer is 15%.
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