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1. A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs. 1104 ?

Solution:
Listed price of fan = Rs. 1500
After discount listed price
 = 80% of 1500 = 80100×1500  = Rs. 1200
Net price of fan = Rs. 1104
Differece = 1200 - 1104 = Rs. 96
Additional discount
 = 961200×100=8%

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