On an item there is cash 5% discount on the marked price of Rs.25,000 After giving an additional season’s discount the item is sold at Rs.20,900. How much was the season’s discount (in %)?Options₹ 9₹ 10₹ 11₹ 12
Question
On an item there is cash 5% discount on the marked price of Rs.25,000 After giving an additional season’s discount the item is sold at Rs.20,900. How much was the season’s discount (in %)?Options₹ 9₹ 10₹ 11₹ 12
Solution
The first step is to calculate the cash discount. A 5% cash discount on a marked price of Rs. 25,000 is Rs. 1,250 (5/100 * 25,000).
So, the price after the cash discount is Rs. 23,750 (25,000 - 1,250).
The item is then sold for Rs. 20,900 after an additional season's discount. This means the season's discount is Rs. 2,850 (23,750 - 20,900).
To find the season's discount in percentage, we divide the season's discount by the price after the cash discount and multiply by 100.
So, the season's discount in percentage is approximately 12% (2,850/23,750 * 100).
Therefore, the correct option is ₹ 12.
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