Question : In a shop, a discount of 5% is provided, and if the total payable amount after the discount is more than INR 2,000, then an additional discount of 10% is provided. Determine the final amount to be paid (in INR) by a customer, if he buys five products each of price INR 500.
Option 1: INR 2,500
Option 2: INR 2,225.50
Option 3: INR 2,375.50
Option 4: INR 2,137.50
Correct Answer: INR 2,137.50
Solution :
The cost of one product is INR 500.
The customer buys five products.
⇒ The total cost without any discount = 5 × 500 = INR 2500
Now, apply the first discount of 5%
⇒ Discounted amount= (100% – 5%) × 2500 = 0.95 × 2500 = INR 2375
Here, if the discounted amount is more than INR 2000, apply the additional discount of 10%.
$\therefore$ The final amount = 0.9 × 2375 = INR 2137.50
Hence, the correct answer is INR 2137.50.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
Upcoming Exams
Trending Articles around SSC CGL
