Multiple Choice Questions on A retailer offers the following discount schemes for an article to his customers A Two equal success........... for SSC CHSL Preparation

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Multiple Choice Questions

A retailer offers the following discount schemes for an article to his customers A Two equal success...........

Quantitative Aptitude (CHSL) Profit and loss
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    A retailer offers the following discount schemes for an article to his customers.

    A. Two equal successive discounts of 15% .

    B. Two successive discounts of 12% and 18%.

    C. Buy 7 articles and get 3 free.

    Which scheme is favourable to a customer? (assuming buys articles in a multiple of 10)

    This questions was previously asked in
    SSC CHSL 3rd June 2022 Shift-1
    View All SSCCHSL Previous Year Papers

    Only A

    Incorrect Answer

    Only C

    Correct Answer

    Both A and C are the same

    Incorrect Answer

    Only B

    Incorrect Answer
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    Explanation:

    - Scheme A: Two successive 15% discounts lead to an overall discount of 27.75%. This is because the second discount is applied to the already-discounted price.

    - Scheme B: A 12% discount followed by an 18% discount results in a total discount of 28.56%. This is a bit more beneficial than Scheme A.

    - Scheme C: "Buy 7, get 3 free" effectively provides a 30% discount, which is superior to both Schemes A and B as long as the purchase is in multiples of 10.

    The most advantageous scheme for customers is:

    - Option 2: Only C – It provides the highest effective discount.

    .

    By: santosh
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