Applied to a bill for ₹80,000, find the difference between a discount of 15% and two successive discounts of 10% and 5%.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 400
Given that
Applied to a bill for ₹80,000
The two successive discounts of 10% and 5%.
The single discount equivalent to the successive discounts of 10% and 5% = 10 + 5 + (50/100) = 15.5%
Now, the difference of the discounts of 15% and 15.5% = 15.5 - 15 = 0.5%
Hence, the required value = (0.5/100) × 80000 = ₹ 400