Question 61
The printed price of a TV set is 10,000. After two consecutive discounts, it is sold for 8,100. What is the second discount if the first one is 10%?
- AOption (a)
8%
- BOption (b)
10%
- COption (c)
12%
- DOption (d)
20%
View answer & explanationHide answer & explanation
Correct answer
10%
Why this answer is correct
Given:
Printed price of TV = 10,000
First discount = 10%
Final selling price = 8,100
Formula Used:
Price after first discount = Printed price × (1 - First discount ÷ 100)
Second discount = [(Price after first discount - Final selling price) ÷ Price after first discount] × 100
Calculation:
⇒ Price after first discount = 10,000 × (1 - 10 ÷ 100)
⇒ Price after first discount = 10,000 × 0.9
⇒ Price after first discount = 9,000
⇒ Second discount = [(9,000 - 8,100) ÷ 9,000] × 100
⇒ Second discount = [900 ÷ 9,000] × 100
⇒ Second discount = 0.1 × 100
⇒ Second discount = 10%
∴ The correct answer is 10%.