The difference between a discount of 30% and two successive discounts of 17% and 13% on Rs. 5,000 is ________.
Show answer & explanation
Correct answer: D
Explanation
The Correct answer is option 4 i.e. Rs. 110.50.
Given that
A discount of 30% and two successive discounts of 17% and 13% on Rs. 5,000.
A single equavalent discount of 17% and 13%
= 17 + 13 - (17 × 13)/100 = 30 - 2.21 = 27.79%
According to the question
⇒ (30% - 27.79%) × 5000
⇒ 2.21% × 5000
⇒ 2.21 × 50 = Rs. 110.50