Multiple Choice Questions on On purchase of articles worth Rs 10 000 a shopkeeper offers a flat discount of Rs 500 to his custome........... for SSC CGL Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    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.8,835

    Correct Answer

    Rs.9,000

    Incorrect Answer

    Rs.8,815 

    Incorrect Answer

    Rs.9,300

    Incorrect Answer
    Explanation:

    - 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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