Question: The difference between a discount of 40% on Rs. 500 and two successive discounts of 36% and 4% on the same amount is
Options:
A) Rs. 0
B) Rs. 2
C) Rs. 1.93
D) Rs. 7.20
Show Answer
Answer:
Correct Answer: D
Solution:
- Single equivalent discount for 36% and 4%
$ =( x+y-\frac{xy}{100} )%=( 36+4-\frac{36\times 4}{100} ) $ % $ =(40-1.44)%=38.56 $ %
$ \therefore $ Required difference $ =(40-38.56) $ %=38.56%
= 1.44% of 500
$ =\frac{500\times 1.44}{100}=Rs\text{.}7\text{.20} $