A shopkeeper marks up the price of an LED 60% above its cost price and gives three successive discounts of 12\frac{1}{2}%, d%, and 25%. If the shopkee...

Question

A shopkeeper marks up the price of an LED 60% above its cost price and gives three successive discounts of 12\frac{1}{2}%, d%, and 25%. If the shopkeeper made a loss of 16% on the LED, find the second discount allowed by the shop.

Options

A.

15%

B.

20%

C.

25%

D.

16\frac{2}{3}%

E.

17.5%

successive discountsprofit and losspercentagemarkuploss calculation

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