The difference between a discount of 35% on ₹8,000 and two successive discounts of 20% and 15% on the same amount is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹240
According to the first condition,
⇒ S.P1 = [(100 - 35)/100] × 8000
⇒ S.P1 = 65/100 × 8000
⇒ S.P1 = 0.65 × 8000 = Rs. 5200
According to the second condition,
Equivalent discount = 20 + 15 - (20 × 15/100)
Equivalent discount = (35 - 3)%
Equivalent discount = 32%
⇒ S.P2 = [(100 - 32)/100] × 8000
⇒ S.P2 = [68/100] × 8000
⇒ S.P2 = 0.68 × 8000 = Rs. 5440
Now the difference between the First condition and second condition = Rs. 5440 - Rs. 5200 = Rs. 240