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A fan is listed at $ 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to $ 1104?
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- 8 %
- 10 %
- 12 %
- 15 %
Correct Option: A
Let Additional discount = D %
Given :- Marked Price ( M.P. ) = $ 1500
Discount = 20%
∴ Selling Price ( S.P. ) = $ 1200
Let, 1200 - D % of 1200 = $ 1104
⇒ D % of 1200 = 1200 - 1104 = 96
| D × | 1200 | = 96 ⇒ D = 8 |
∴ An additional discount of 8% must be offered to the customer to bring the net price to $ 1104.
