A man bought an article listed at Rs.1500 with a discount of 20% offered on the list price. What additional discount must be offered to the man to bring the net price to Rs.1104?
Correct Answer: Description for Correct answer:
Listed price of an article = Rs.1500
Therefore, Price after first discount
= \( \Large 1500 \times \left(1-\frac{20}{100}\right)=1500 \times \frac{4}{5} \) = Rs.1200
Now, second discount = 1200 - 1104 = Rs.96
Hence, required percentage
= \( \Large \frac{96}{100} \times 100\% \) = 8%
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