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The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is________?

Correct answer: B. 4%

  • A. 3%
  • B. 4%
  • C. 5%
  • D. 6%

Explanation

After the 10% discount, the price is Rs.65 x 90% = Rs.58.50. The second discount reduces Rs.58.50 to Rs.56.16, and Rs.56.16/Rs.58.50 = 0.96, so the second discount is 4%. Students often choose c by calculating 5% of the original Rs.65 instead of 5% of the already discounted price.

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About Profit and Loss

Profit and loss compare the cost price and selling price of an item, using profit or loss percentages based on the cost price unless stated otherwise. Questions include marked price, discount, successive discounts, commission, and finding an unknown price, with care needed to distinguish discount from loss.

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