In a showroom the price of a washing machine is ₹ 65,000. The customer gets cash discount of ₹ 2,000, and gets a scratch card promising percentage discount of 10% to 15%. Determine the difference between the least and the maximum selling prices of the washing machine.
Answer & explanation
Correct answer: option 1
Marked Price = Rs.65,000
Cash discount = Rs.2,000
Other discount = 10% to 15%
Price of washing machine after cash discount = ( 65,000 - 2000 ) = Rs63000
Now, percentage discount of 10% to 15% is given
Maximum selling price of washing machine = 63,000 × \(\frac{90}{100}\) = 56700
Least selling price of washing machine = 63,000 × \(\frac{85}{100}\) = 53550
Difference = 56700 - 53550 = Rs.3150