Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper offers the following three schemes.

Scheme-I: Two successive discounts of 15% and 25%

Scheme-II: Buy 5, get 3 free

Scheme-III: Buy 4 , get 6

Which scheme is the best for customers?

Options:

Scheme-I

Scheme-III

Scheme-II

Any one- All are equal

Correct Answer:

Scheme-III

Explanation:

Scheme I. Two successive discounts of 15% and 25%

So, effective discount for scheme I is = 15 + 25 - \(\frac{15 × 25}{100}\) = 36.25%

Scheme II. Buy 5 get 3 free

So, effective discount for scheme II is = \(\frac{(Article \; get \; free)}{(Total \; articles)}\) × 100 = \(\frac{(3)}{(5 + 3)}\)  × 100 = 37.5%

Scheme III. Buy 4 get 6

So, effective discount for scheme III is =\(\frac{(Article \; get \; free)}{(Total \; articles)}\) × 100 = \(\frac{(6)}{(10)}\)  × 100 = 60%

So, answer is Scheme III.