The difference between discounts on a bill for ₹22,500 under two schemes, a discount of 40% and two successive discounts of 36% and 4%, is:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e ₹324.
Bill amount = ₹22,500
Scheme 1: Single discount of 40%
→ Discount = 40% of 22,500 = ₹9,000
→ Final price = 22,500 - 9,000 = ₹13,500
Scheme 2: Successive discounts of 36% and 4%
→ After 36% discount: 22,500 × (100 - 36)% = 22,500 × 64% = ₹14,400
→ After 4% discount: 14,400 × (100 - 4)% = 14,400 × 96% = ₹13,824
→ Total discount = 22,500 - 13,824 = ₹8,676
Difference in discounts = 9,000 - 8,676 = ₹324