Question
Download Solution PDFThe marked price of a speaker is Rs. 1000. A man buys it at Rs. 873 after getting two successive discounts of 10% and x%. What is the value of x?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price (MP) of the speaker = Rs. 1000
Final price after discounts = Rs. 873
First discount = 10%
Let second discount = x%
Formula:
Discounted Price = MP * (100 - Discount%) / 100
Solution:
After the first discount, the price of the speaker ⇒ Price after first discount = MP × (100 - Discount%) / 100 = 1000 × 90% = Rs. 900
The second discount was applied on Rs. 900, which led to the final price of Rs. 873.
Let's solve for x, the second discount:
⇒ 900 × (100 - x%) / 100 = 873
⇒ (100 - x%) = 873 / 900 × 100
⇒ 100 - x = 97%
⇒ x = 3%
Therefore, the second discount (x) is 3%.
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