Question : On purchase of articles worth Rs. 10,000, a shopkeeper offers a flat discount of Rs. 500 to his customers. Further, by shopping using a credit card, he gives an additional discount of 7%. If a customer purchases an article worth Rs. 10000 using a credit card, then how much is he/she required to pay?
Option 1: Rs. 8835
Option 2: Rs. 9000
Option 3: Rs. 8815
Option 4: Rs. 9300
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Correct Answer: Rs. 8835
Solution :
The customer purchases an article worth Rs. 10000 using a credit card.
After a flat discount of Rs. 500 the price of the article
= (10000 – 500)
= Rs. 9500
After a further discount of 7%, the price of the article becomes,
= $9500×(\frac{100-7}{100})$
= Rs. 8835
Hence, the correct answer is Rs. 8835.
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