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 article worth Rs.10,000 using a credit card, then how much is he/she required to pay?
This questions was previously asked in
Combined Graduate Level Examination Tier I 2023
Rs.9,000
Incorrect AnswerRs.8,815
Incorrect AnswerRs.9,300
Incorrect AnswerExplanation:
- The initial purchase amount is Rs.10,000.
- The shopkeeper offers a flat discount of Rs.500. So, Rs.10,000 - Rs.500 = Rs.9,500.
- An additional discount of 7% is given for using a credit card.
- 7% of Rs.9,500 is calculated as (7/100) * 9,500 = Rs.665.
- The final amount to pay after the credit card discount is Rs.9,500 - Rs.665 = Rs.8,835.
- Option 1: Rs.8,835
- Option 2: Rs.9,000
- Option 3: Rs.8,815
- Option 4: Rs.9,300
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By: Parvesh Mehta