The marked price of an article is Rs.50,000. Of three shopkeepers, the first one allows two successive discounts of 25% and 15%.The second one allows two successive discounts 20% and 20%. The third shopkeeper allows two successive discounts of 30% and 10%. From which shopkeeper does the customer get more profit?
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ssc cgl 2023 pre
Same for all the shopkeepers
Incorrect AnswerExplanation:
- The first shopkeeper gives successive discounts of 25% and 15%.
- Initial discount: 25% of Rs. 50,000 is Rs. 12,500. New price, Rs. 37,500.
- Next discount: 15% of Rs. 37,500 is Rs. 5,625. Final price, Rs. 31,875.
- The second shopkeeper gives successive discounts of 20% and 20%.
- Initial discount: 20% of Rs. 50,000 is Rs. 10,000. New price, Rs. 40,000.
- Next discount: 20% of Rs. 40,000 is Rs. 8,000. Final price, Rs. 32,000.
- The third shopkeeper offers discounts of 30% and 10%.
- Initial discount: 30% of Rs. 50,000 is Rs. 15,000. New price, Rs. 35,000.
- Next discount: 10% of Rs. 35,000 is Rs. 3,500. Final price, Rs. 31,500.
- Option 3 - The third shopkeeper provides the lowest price at Rs. 31,500.
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By: Parvesh Mehta