Question
Download Solution PDFOn an item having a marked price of Rs. 500, Ravi was offered successive discounts of 36% and 5%, respectively, while Prabhat was offered a single discount of 40%. Who paid more for the item and by how much?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven
Marked price = Rs. 500
Successive discounts of 36% and 5%.
Prabhat was offered a single discount of 40%
Formula used
Successive discounts = x + y - xy/100
Calculation
Ravi was offered = 36 + 5 - 180/100
= 39.2%
Prabhat was offered a single discount of 40%.
Hence we can conclude that Ravi paid 0.8% extra which is:
= 0.8% of 500
= 4
The answer is Ravi paid Rs. 4 more than Prabhat.
Last updated on Jun 26, 2025
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