For an electric bill for Rs 50,000, what is the difference between a discount of 30% and two successive discounts of 26% and 5%?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs 150.
Given:
For an electric bill of Rs 50,000,
A single discount = 30%
Two successive discounts = 26% and 5%
According to the question;
Equivalent discount of 26% and 5% = 26 + 5 - 26 × 5/100 = 29.7%
So, the difference in discount % = 30 - 29.7 = 0.3%
Hence, the required value = 50000 × (0.3/100) = 150