The marked price of a scooter is ₹1,80,000. The shopkeeper gave a scheme discount of 4% on ₹1,20,000 and 2.5% on the remaining amount. The selling price (in ₹) of the scooter is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 1,73,700.
Discount on ₹1,20,000 = 4% of 1,20,000 = ₹4,800
Remaining amount = 1,80,000 − 1,20,000 =₹60,000
Discount on ₹60,000 = 2.5% of 60,000 = 1,500
Total discount = 4,800 + 1,500 = ₹6,300
Selling price = 1,80,000 − 6,300 = ₹1,73,700