-The watch is sold at 3250 at two successive discount. If
the first discount is 16.66% then find the second discount .if the
MP is 40% more than s.p ?
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Answer:
Let marked price be rs. X
S.P. = rs. 3250
M.P. is 40% more than S.P.
M.P. = S.P.+40% of S.P.= 3250+1300=4550
first discount = 16.66%
Net price after first discount= 4550-16.66% of 4550= 4550- 758.03= rs. 3791.97
second discount= 3791.97- 3250= rs. 541.97
rate of discount= 541.97/ 3791.97 x100= 14.29%
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