Question : A shopkeeper was offering two successive discounts of 20% and 15% on an item whose marked price is INR 1,000, while another shopkeeper was offering a flat 33% discount on the same item. Find the positive difference in the nominal amounts of discounts given by the two shopkeepers on the sale of the item.
Option 1: INR 10
Option 2: INR 900
Option 3: INR 90
Option 4: INR 100
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Correct Answer: INR 10
Solution : The shopkeeper was offering two successive discounts of 20% and 15% on an item whose marked price is INR 1,000 Another shopkeeper was offering a flat 33% discount on the same item Successive Discount = $x$ + $y$ – $\frac{\text{$x$$y$}}{100}$ The single discount will be = $x$ + $y$ – $\frac{\text{$x$$y$}}{100}$ = 20 + 15 – $\frac{20\times 15}{100}$ = 35 – $\frac{300}{100}$ = 35 – 3 = 32 The single discount will be 32% Discount = Marked Price $\times \frac{\text{discount}}{100}$ = 1000 $\times \frac{32}{100}$ = INR 320 On offering the discount of 33%. Discount = Marked Price $\times \frac{\text{discount}}{100}$ = 1000 $\times \frac{33}{100}$ = INR 330 Hence, The positive difference in the nominal amounts of discounts given by the two shopkeepers on the sale of the item will be = INR 330 - INR 320 = INR 10 Hence the correct answer is INR 10.
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