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Question no. 56395

An article listed at Rs. 65 sells for Rs. 56.16 after two successive discounts, one being 10%. What was the other discount________?

Select your answer for: An article listed at Rs. 65 sells for Rs. 56.16 after two successive discounts, one being 10%. What was the other discount________?
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Answer: B. 4%

Explanation

Applying the first successive discount of ten percent reduces the list price of sixty five to fifty eight point five zero. Dividing the final selling price of fifty six point sixteen by fifty eight point five zero gives a price factor of zero point nine six. A price factor of zero point nine six corresponds to a second successive discount of four percent. Successive discounts are applied sequentially where each new percentage discount acts on the reduced price. List price represents the initial retail price before any promotional discounts are applied. Selling price is the final amount paid by the customer after all successive price reductions.

Option A underestimates the second discount percentage required to reach the final selling price. Option C overestimates the discount by assuming a larger price reduction than mathematically required. Option D suggests a discount that results in a selling price lower than fifty six point sixteen.

Subject
Mathematics
Category
Mathematics
Topic
—
Difficulty
medium

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