A article is listed at Rs 2000 and a discount of 20 is offered on the list price What additional dis...........

Quant (SSC) Profit and loss

A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400?

12.5%

10%

12%

15%

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Explanation:

S.P after 1st discount,
100%………2000
80%………?
?=2000×80/100=1600
Net S.P = Rs. 1400.
Discount on Rs. 1600 = Rs. 200.
∴Required discount = (200/1600 x 100)% =12.5%