A company offers three types of successive discounts: First offer: 25% and 5%, Second offer: 20% and 10%, Third offer: 15% and 15%. Which offer is the best for a customer?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. First offer
Successive discount = [X + Y - (XY)/100]%
First type -
Discount = 25 + 5 - [25(5)/100]% = (30 - 1.25)% = 28.75%
Seconf type -
Discount = 20 + 10 - [20(10)/100]% = (30 - 2)% = 28%
Third type -
Discount = 15 + 15 - [15(15)/100] = (30 - 2.25)% = 27.75%