Multiple choice

If on an item, there is 12% discount on the marked price of Rs. 10,000, but the item is sold at Rs. 8,360 only, then what additional discount (in %) does the customer get?

  1. 6

  2. 7

  3. 5

  4. 8

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The marked price is 10,000. After a 12% discount, the price is 10,000 * 0.88 = 8,800. The item is sold for 8,360. The additional discount is 8,800 - 8,360 = 440. As a percentage of the discounted price (8,800), this is (440 / 8,800) * 100 = 5%.

AI explanation

The initial discounted price is 10,000 multiplied by 0.88, which equals 8,800. The customer actually pays 8,360, so the additional discount amount is 8,800 minus 8,360, equaling 440. Using the additional discount percentage formula, (440 / 8800) * 100, we get 5%.