A customer availed a 10% discount on the purchase of a table and paid 4,950 for it. How much money would he have saved if he had bargained to get 12% discount?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs. 110
Concept USed:
Explanation:
Let the marked price of the table be Rs. x.
According to the given question,
The selling price when the discount is 10% =
⇒ 4950 =
⇒ x = 5500
Now, selling price when the discount is 12% = = 4840
The money saved in the bargain = 4950 - 4840 = 110.
Hence the required answe is Rs. 110.