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The marked price of a watch was Rs. 720.A man brought the same for Rs.550.80 after getting two successive discounts the first being 10% .What was the second discount rate?

Options:
A .  12%
B .  14%
C .  15%
D .  18%
E .  None of these
Answer: Option C
 -    Let the second discount rate be x% Then,
  (100 – x)% of 90% of 720 = 550.80
  => (100 – x)/100 x 90/100 x 720 = 550.80
  =  (100-x) = [55080/(9 x 72) = 85
  => x= 15
  second discount rate =15%

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