Question : A shopkeeper offers the following discount schemes for buyers in an article: i. Two successive discounts of $15 \%$ each ii. A discount of $\mathrm{25 \%}$ followed by a discount of $5 \%$ iii. Two successive discounts of $20 \%$ and $10 \%$ iv. A discount of $30 \%$ Under which scheme will the selling price be maximum?
Option 1: Scheme iv
Option 2: Scheme iii
Option 3: Scheme ii
Option 4: Scheme i
Latest: SSC CGL Tier 1 Result 2024 Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: Scheme i
Solution : i. Two successive discounts of $15 \%$ each Single equivalent discount $= a+b–\frac{a×b}{100} =15 + 15 -\frac{15\times 15}{100}=30-2.25=27.75\%$ ii. A discount of $\mathrm{25 \%}$ followed by a discount of $5 \%$ Single equivalent discount $=25 + 5 -\frac{25\times 5}{100}=30-1.25=28.75\%$ iii. Two successive discounts of $20 \%$ and $10 \%$ Single equivalent discount $=20 + 10 -\frac{20\times 5}{100} = 30 - 1 =29\%$ iv. A discount of $30 \%$ If the discount is minimum, then the selling price is maximum. The selling price is maximum in scheme (i). Hence, the correct answer is scheme i.
Candidates can download this ebook to know all about SSC CGL.
Result | Eligibility | Application | Selection Process | Preparation Tips | Admit Card | Answer Key
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?
Question : A shopkeeper offers the following two discount schemes. A) Two successive discounts of 10% and 15% B) Buy 5 get 2 free. Which scheme has the maximum discount percentage?
Question : A shopping mart offers four different discount schemes on the sale of an object as follows: (1) A discount of 30% (2) Two successive discounts of 15% (3) Buy 2, get 1 free (4) Buy 5, get 3 free Which discount scheme offers the maximum discount to
Question : A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price of the article is:
Question : The marked price of an article is INR 50,000. Of three shopkeepers, the first one allows two successive discounts of 25% and 15%. The second one allows two successive discounts of 20% and 20%. The third shopkeeper allows two successive discounts of 30% and 10%.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile