On purchase of articles worth ₹10,000, a shopkeeper offers a flat discount of ₹500 to his customers. Further, by shopping using a credit card, he gives an additional discount of 7%. If a customer purchases article worth Rs.10000 using a credit card, then how much is he/she required to pay?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. ₹8,835.
The price of the article = Rs.10000
a shopkeeper offers a flat discount of ₹500 to his customers
The price of the article after Rs.500 of discount = 10000 - 500 = Rs.9500
After the additional discount of 7% = 9500 × 93%
9500 × 93/100 = 95 × 93 = Rs.8835