A shopkeeper offers the following three discount schemes. Which scheme(s) has/have the maximum discount percentage?
I. Two successive discounts of 5% and 20%
II. Buy 6, get 2 free
III. Buy 6, get 4 free
Show answer & explanation
Correct answer: A
Explanation
The Correct answer is option 1 i.e.Only III
Given that
The different shemes
I. Two successive discounts of 5% and 20%
Successive single discount = 5 + 20 - (5 × 20)/100 = 25 - 1 = 24%
II. Buy 6, get 2 free
The discount given = [2/(6 + 2)] × 100 = 2/8 × 100 = 25%
III. Buy 6, get 4 free
The discount given = [4/(6 + 4)] × 100 = 40%
Hence, the maximum discount % is given in scheme III