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A watch is listed at ₹1200. After two successive discounts, it is sold for ₹816. If the first discount offered was 20%, what was the second discount percentage?

1. 18%
2. 12%
3. 15%
4. 25%

Correct answer: 15%

Solution

After a 20% discount on ₹1200, the price becomes ₹960. The final price is ₹816, so the second discount is \(960-816=144\), which is \(144/960=15\%\).

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