What is the difference between a discount of 35% and two successive discounts of 30% and 5% on a bill on ₹10,00,000?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹15,000
Let, the discount of 35% be discount 1 and the successive discounts of 30% and 5% be discount 2.
if x and y are two successive discounts then
the single discount = x + y - xy/100
Discount 1 = 35% of 10,00,000 = = 3,50,000
Discount 2 = Succesive discount of 30% and 5% =
Discount 2 = 35 + 1.5 = 36.5%
So,
Discount 2 = 36.5% of 10,00,000 = = 3,65,000
So,
The difference = 3,65,000 - 3,50,000 = 15,000