Question
Download Solution PDFApplied to a bill for Rs. 50,000, the difference between a discount of 40% and two successive discounts of 36% and 4%, is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price (M.P) = Rs.50000
Discount (D)% = 40%
Two successive discounts:
Discount (D1) = 36% ; Discount (D2) = 4%
Formula used:
Effective discount (Ds) = D1 + D2 - (D1 × D2)/100
Calculation:
Effective discount (Ds) = D1 + D2 - (D1 × D2)/100
⇒ 36 + 4 - (36 × 4)/100
⇒ 40 - 1.44 = 38.56%
Difference in the bill after discount = 50000 × (40 - 38.56)%
⇒ 50000 × 1.44% = Rs.720
∴ The correct answer is Rs.720.
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