A man bought an article listed at ₹ 1500 with a discount of 20 % offered on the list price . What additional discount must be offered to the man to bring the net price to ₹ 1104?
Correct Answer: 8 %
Explanation:
∵ Listed price of an article = ₹ 1500
∴ Price after first discount
= 1500 x (1 -20/100) = 1500 x 4/5 = ₹ 1200
Now, second discount = 1200 - 1104 = ₹ 96
Hence, required percentage = (96/1200) x 100 % = 8 %