The marked price of an article is ₹530. After two successive discounts,it is sold for ₹396.44. If the first discount is 15%, and the second discount is x%, then what is the value of x?
Given that market price = Rs 530
After 15% discount = $$530 - 530\times \dfrac {15}{100}$$
$$\Rightarrow Rs 405.5$$
After second discount price = 396.44
so second discount = 450.5 - 396.44 =Rs 54.06
so $$\dfrac{450.5\times x} {100} = 54.06 $$
$$Rightarrow \dfrac {540}{450.5} $$
$$\Rightarrow 12$$% Ans
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