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?
Option 1: Scheme I
Option 2: Scheme III
Option 3: Scheme II
Option 4: All are equal
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Correct Answer: Scheme II
Solution : Scheme I: Two successive discounts of 15% and 25% Final discount = 15 + 25 – $\frac{15\times25}{100}$ = 36.25% Scheme II: Buy 5, get 3 free Customers will get a total of 8 items at the price of 5 items. So, discount = $\frac{3}{8}\times100$ = 37.5% Scheme III: Buy 4, get 6 Customers will get a total of 6 items at the price of 4 items. So, discount = $\frac{2}{6}\times100$ = 33.33% So, scheme II is the best for customers. Hence, the correct answer is Scheme II.
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