Practicing Success
A customer wanted to purchase an item marked for ₹10000. Shopkeeper offered two types of discounts, 25% flat discount or successive discounts of 14% and 12%. Which is the better offer for the customers and by how much? |
first offer by ₹68 second offer by ₹68 first offer by ₹32 second offer by ₹100 |
first offer by ₹68 |
An item purchased by customer = Rs. 10000 First types of discounts = 25% Second types of discount = successive discounts of 14% and 12%. Successive discount = x + y - \(\frac{x × y}{100}\) Successive discount = 14 + 12 - \(\frac{14 × 12}{100}\) ⇒ (26 – 1.68) ⇒ 24.32% The best discount = First types of discount – Second types of discount ⇒ (25 – 24.32)% ⇒ 0.68% Now, The better offer for the customers = Rs. (10000 × \(\frac{0.68}{100}\) ) ⇒ Rs. 68 First offer by ₹68 |