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An article is listed at Rs. 920. A cust...

An article is listed at Rs. 920. A customer pays Rs. 742.90 for it after getting two successive discounts. If the rate of first discount is 15%, the rate of 2nd discount is

A

0.03

B

0.05

C

0.08

D

0.12

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the logical sequence of calculations as outlined in the video transcript. ### Step-by-Step Solution: 1. **Identify the Given Values:** - Listed Price of the article (L) = Rs. 920 - Price paid by the customer (P) = Rs. 742.90 - First discount rate (D1) = 15% 2. **Calculate the Total Discount:** - Total Discount (TD) = Listed Price - Price Paid \[ TD = 920 - 742.90 = 177.10 \] 3. **Calculate the Amount of First Discount:** - First Discount Amount (DA1) = 15% of Listed Price \[ DA1 = \frac{15}{100} \times 920 = 138 \] 4. **Calculate the Price After the First Discount:** - Price after First Discount (P1) = Listed Price - First Discount Amount \[ P1 = 920 - 138 = 782 \] 5. **Calculate the Remaining Discount:** - Remaining Discount (RD) = Total Discount - First Discount Amount \[ RD = 177.10 - 138 = 39.10 \] 6. **Set Up the Equation for the Second Discount:** - Let the second discount rate be x%. The amount of the second discount (DA2) can be expressed as: \[ DA2 = \frac{x}{100} \times 782 \] - From the previous step, we know that DA2 = Remaining Discount (39.10): \[ \frac{x}{100} \times 782 = 39.10 \] 7. **Solve for x:** - Rearranging the equation gives: \[ x = \frac{39.10 \times 100}{782} \] - Calculating the value: \[ x = \frac{3910}{782} \approx 5 \] 8. **Conclusion:** - The rate of the second discount (x) is 5%. ### Final Answer: The rate of the second discount is **5%**.
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