The marked price of a watch was $ 720. A man bought the same for $. 550.80 after getting two successive discounts, the first being 10%. What was the second rate ?

• Given Marked Price or Labbeled Price = 720
  After giving successive discounts the selling price = 550.80
  Therefore , they have also given that one of the successive discount is 10% , to find the other :
  
  SP = MP(1-(discount1/100))(1-(discount2/100))
  
  from this we can keep discount2 as x and find it
  
  550.85 = 720 (1-(10/100))(1-(x/100))
  0.85 = 1-(x/100)
  x = 0.15 * 100
  discount2 = 15%
• 11 years agoHelpfull: Yes(2) No(0)
• 720*0.90*x=550.80
  x=0.85
  so second discount is 1-0.85=0.15 or 15%
• 11 years agoHelpfull: Yes(1) No(0)