If the marked price of a camera is rs 3,200, a shopkeeper announces a discount of 10% VAT are levied on it?
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Answer:
Let rate of second discount = r%
Now, marked price of the clock = Rs.3200
Therefore, SP of the clock after first discount
= 3200×(100−10)100=3200×90100 = Rs.2880
SP of the clock after second discount
= 2880×(100−r)100
But SP of the clock after second discount
= 2448
Therefore, 2448 = 2880×(100−r)100
= 100 - r = 2448×1002880 = 85
Therefore, r = 100 - 85 = 15%
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