The marketed price of a watch was 820 rs. A man bought the same for 570.72 after getting two successive discounts of which the first was 20%. The rate of second discount was
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Answer: 13%
Step-by-step explanation:
Marked Price (Marketed Price) = ₹820
Rate of first discount = 20%
First Discount (in ₹) = 20% of ₹820 = ₹164
Price after first discount = ₹820 - ₹164 = ₹656
Let the rate of second discount be = %
This discount will be on the price obtained after the first discount, i.e., ₹656.
Second Discount = % of ₹656
We know that the man bought the watch for ₹570.72 which is the price obtained after the second discount.
Marked Price / Price after first discount = ₹656
Selling price / Price after second discount = ₹570.72
Second Discount (in ₹) = ₹656 - ₹570.72 = ₹85.28
Therefore, % of ₹656 = ₹85.28
% of ₹656 = ₹85.28
(/100) × 656 = ₹85.28
× 656 = 85.28 × 100
× 656 = 8528
= 8528/656
= 13
Therefore, the rate of second discount is 13%.
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