Math Problem Statement
After two successive discount each of x% on marked price of an article, a customer buy it for Rs. 3610. If marked price of the article is Rs. 4000. Find value of x. (A) 25% (B) 15% (C) 10% (D) 5%
Solution
Let the marked price of the article be Rs. 4000. The customer buys the article after two successive discounts of each, and the final price paid is Rs. 3610.
Step-by-step solution:
-
First Discount Application: After the first discount of , the price becomes:
-
Second Discount Application: After the second discount of on the new price, the final price becomes: Simplifying: Dividing both sides by 4000:
-
Solving for : Taking the square root on both sides: Solving for :
Thus, the value of is 5%. The correct answer is (D) 5%.
Would you like further details or have any questions?
Related Questions:
- What would be the final price if the successive discounts were 10% each?
- How does the formula for successive discounts work in general cases?
- What is the impact of a single discount of compared to two successive discounts of ?
- How would the calculation change if the final price was Rs. 3500 instead of Rs. 3610?
- How does compound interest compare with successive discounts?
Tip: Successive percentage discounts compound multiplicatively, not additively.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Successive Discounts
Algebra
Percentage Calculation
Formulas
Price after discount = Marked Price * (1 - Discount Rate)
Successive discount formula: Final Price = Marked Price * (1 - Discount Rate)^2
Theorems
Successive Percentage Discount Theorem
Suitable Grade Level
Grades 8-10
Related Recommendation
Successive Discounts on DVD Price - Rs.4500 with 10% and 5% Discounts
Solve Successive Discounts on an Article with Cost Price Rs.480
How to Find the Original Price from Sale Price with a 20% Discount
Calculate Marked Price with Rs 1600 Selling Price and 20% Discount
Discount and Profit Calculation for Washing Machine Purchase