A doll is marked for ₹2,500. A customer pays ₹1,800 for it. If the customer got a series of two discounts and the rate of the first discount is 10%, then the rate of the second discount is:
Correct Answer :
20%
Solution :
Correct Answer: The rate of the second discount is 20%.
Let's break down the solution step-by-step to understand how the final price is calculated after two successive discounts.
Step 1: Understand the given values
Marked Price (MP) of the doll = ₹2,500
Final Selling Price (SP) paid by the customer = ₹1,800
Rate of the first discount (d1) = 10%
Step 2: Calculate the price after the first discount
The first discount is 10% on the Marked Price of ₹2,500.
Price after the first discount = Marked Price - First Discount Amount
So, after the first discount, the reduced price of the doll is ₹2,250.
Step 3: Calculate the second discount amount
The customer actually pays ₹1,800. The remaining reduction in price is due to the second discount.
Step 4: Calculate the rate of the second discount
The second discount is applied to the price after the first discount (₹2,250).
Thus, the rate of the second discount is 20%.
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