The company offers the following four types of successive discounts on a computer which is listed at 26,000.
i) 25% and 15%
ii) 30% and 10%
iii) 35% and 5%
iv) 20% and 20%
Which of these offers is best for a customer?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Third offer.
Selling Price = Marked Price × (100 - Discount)/100
According to the given question,
(i) SP = 26000 × 75/100 × 85/100
⇒ SP = 16575
(ii) SP = 26000 × 70/100 × 90/100
⇒ SP = 16380
(iii) SP = 26000 × 65/100 × 95/100
⇒ SP = 16055
(iv) SP = 26000 × 80/100 × 80/100
⇒ SP = 16640
The best offer for the customer is third offer.