A merchant allows 5% discount on all his goods to all his customers. He offers a further discount of 2% on the reduced price to those custo… — Answer & Discussion

A merchant allows 5% discount on all his goods to all his customers. He offers a further discount of 2% on the reduced price to those customers who pay cash. What will a customer actually has to pay for an article in cash if its Marked Price is Rs 4800?

ARs 3478.50
BRs 4468.80
CRs 5670.58
DRs 4560

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Discussion 1

CCommunity22 May 2019

Given that,

Marked price of the article = Rs 4800

First discount = 5% of marked price

= 5 × 4800/100 = Rs 240.

Net price after discount = Rs (4800 - 240)

= Rs 4560

Second discount = 2% of Rs 4560

= 2 × 4560/100 = Rs 91.20

∴ Net price after discount = Rs 4560 – Rs 91.20

= Rs 4468.80

Short Trick Method:-

Required price $(= 4800 \times \left( {1 - \frac{5}{{100}}} \right) \times \left( {1 - \frac{2}{{100}}} \right))$

= Rs 4468.80

Hence, the required answer is Rs 4468.80,