A television set has a marked price of ₹ 20,000. It is sold after two successive discounts. If the first discount is 15% and the final selling price is ₹ 15,300, what is the percentage of the second discount?
- (a)10%
- (b)12%
- (c)14%
- (d)15%
Answer
Why
Correct — A. Apply the first discount, then find what share of that reduced price the second discount took.
Marked price: ₹20,000
After 15% off: 20,000 × 0.85 = ₹17,000
Second discount in rupees: 17,000 − 15,300 = ₹1,700
Second discount rate: 1,700 ÷ 17,000 × 100 = 10% → option (a)
Why the others are wrong
- (b)12% — 12% on ₹17,000 leaves 17,000 × 0.88 = ₹14,960, which is ₹340 below the ₹15,300 the question gives.
- (c)14% — 14% on ₹17,000 leaves 17,000 × 0.86 = ₹14,620, well short of the ₹15,300 actually paid.
- (d)15% — Repeating the first discount gives 17,000 × 0.85 = ₹14,450, not ₹15,300. The second rate has to be found from the prices, not assumed equal to the first.
Concept
Successive discounts multiply; they do not add. The second discount is taken on the price left after the first, not on the marked price.
So the multipliers chain: 20,000 × 0.85 × (1 − d) = 15,300. That gives 1 − d = 15,300 ÷ 17,000 = 0.9, so d = 10%.
Check with the single-equivalent formula. Two discounts a% and b% equal one discount of a + b − ab⁄100. Here 15 + 10 − 150⁄100 = 23.5%, and 20,000 × 0.765 = ₹15,300, matching the question.
Key facts
- The second discount is a percentage of the price after the first discount.
- Successive discounts a% and b% equal a single discount of (a + b − ab⁄100)%.
- Price after a discount of d% = price × (1 − d⁄100).
Study next
Common traps
- Dividing ₹1,700 by the marked price ₹20,000 and getting 8.5% — the base for the second discount is ₹17,000.
- Subtracting 15% from the total discount of 23.5% to get 8.5% — successive discounts do not add.
Also asked 18 Sep 2024, 12:30, Quant Q.3: a toy marked ₹150, first discount 12.5%, sold at ₹105. The price after the first discount is ₹131.25, so the second is 20%.
17 Sep 2025, 12:30, Quant Q.9 reverses it: the second discount (20%) is given and the first is asked. ₹8,400 ÷ 0.8 = ₹10,500, a first discount of 12.5% on ₹12,000.
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