In a shop, a discount of 8% is provided. If the total payable after the discount is more than Rs. 5,000 and an additional discount of 20% is provided, then determine the final amount to be paid by the customer, if he buys 12 products each with a price of Rs. 750.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Rs. 6,624.
Given that
A discount of 8% is provided in the shop.
The total payable after the discount is more than Rs. 5,000 and an additional discount of 20% is provided
The cost price of a product = Rs. 750.
Total products bought by the shop = 12
According to the question
Total cost price = 12 × 750 = Rs. 9000
The net discount % = 8 + 20 - 8 × 20/100 = 28 - 1.6 = 26.4%
Hence, the final amount to be paid by the customer = 9000 × (100 - 26.4)/100 = Rs. 6624