True Discount
- A company offers three types of successive discounts : (i) 25% and 15%, (ii) 30% and 10%, (iii) 35% and 5%. Which offer is the best for a customer?
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We know that ,
Successive discounts :-a + b - ab % 100 Correct Option: C
(i) Here , a = 25% and b = 15%,
Equivalent discount = 25 + 15 - 25 x 15 % 100
Equivalent discount = ( 40 - 3.75 ) % = 36.25%
(ii) Here , a = 30% and b = 10%,Equivalent discount = 30 + 10 - 30 x 10 % 100
Equivalent discount = ( 40 - 3 ) % = 37%
(iii) Here , a = 35% and b = 5%,Equivalent discount = 35 + 5 - 35 x 5 % 100
Equivalent discount = ( 40 - 1.75 ) % = 38.25%
From above , it is clear that discount 38.25% is best for a customer.
Hence option [ C ] is correct answer.
- The difference between a discount of 40% on $ 500 and two successive discounts of 36%, 4% on the same amount is :
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Single equivalent discount for 36% and 4% i.e.
Here , a = 36% and b = 4%Equivalent discount = a + b - a x b % 100 Equivalent discount = 36 + 4 - 36 x 4 % 100
Correct Option: D
Single equivalent discount for 36% and 4% i.e.
Here , a = 36% and b = 4%Equivalent discount = 36 + 4 - 36 x 4 % 100
Equivalent discount = ( 40 - 1.44 )% = 38.56%
Therefore, required difference = 1.44% of 500= 1.44 x 500 = $ 7.20 100
- Successive discounts of 10 %, 20 % and 30 % is equivalent to a single discount of :
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Single equivalent discount for successive discounts of 10% and 20%
Here , a = 10% and b = 20%Equivalent discount = a + b - a x b % 100 = 10 + 20 - 20 x 10 % 100
= 28 %Correct Option: B
Single equivalent discount for successive discounts of 10% and 20%
Here , a = 10% and b = 20%Equivalent discount = a + b - a x b % 100 = 10 + 20 - 20 x 10 % 100
= 28 %
Single equivalent discount for 28% and 30%
Here , a = 28% and b = 30%Equivalent discount = a + b - a x b % 100 = 28 + 30 - 28 x 30 % 100
= 49.6 %
- A man buys a single apple for $ 25. If he were to buy a dozen apples, he would have to pay a total amount of $ 250. What would be the approximate % discount he would get on buying a dozen apples?
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Given :- Cost of one apple = $ 25
∴ Cost of 12 apples ( M.P. ) = 25 × 12 = $ 300
Amount paid = $ 250
Discount = 300 - 250 = $ 50Discount% = Discount x 100% Marked Price Correct Option: D
Given :- Cost of one apple = $ 25
∴ Cost of 12 apples ( M.P. ) = 25 × 12 = $ 300
Amount paid = $ 250
Discount = 300 - 250 = $ 50Discount% = Discount x 100% Marked Price % Discount = 50 x 100 = 17 % (approx.) 300
- If on a marked price, the difference of selling prices with a discount of 30 % and two successive discounts of 20 % and 10 % is $ 72, then the marked price (in rupees) is :
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Let the marked price be $ x
Therefore, in case 1,Selling Price ( SP1 ) = $ 70x % 100
Single discount equivalent to successive discounts of 20% and 10%.
Here , a = 20% and b = 10%Equivalent discount = a + b - a x b % 100 Equivalent discount = 20 + 10 - 20 x 10 % 100
= ( 30 - 2 ) % = 28%In case 2 ,Selling Price ( SP2 ) = $ 72x 100 Correct Option: A
Let the marked price be $ x
Therefore, in case 1,Selling Price ( SP1 ) = $ 70x % 100
Single discount equivalent to successive discounts of 20% and 10%.
Here , a = 20% and b = 10%Equivalent discount = a + b - a x b % 100 Equivalent discount = 20 + 10 - 20 x 10 % 100
= ( 30 - 2 ) % = 28%In the case 2 , Selling Price ( SP2 ) = $ 72x 100
Therefore, SP2 - SP1$ 72x - 70x = $ 72 100 100 ⇒ 2x = 72 100
⇒ 2x = 7200⇒ x = 7200 2
x = $ 3600
Hence , the marked price is $ 3600 .