The difference between a discount of 40% on Rs.500 and two successive discounts of 36% and 4% on the same amount is
The difference between a discount of 40% on Rs.500 and two successive discounts of 36% and 4% on the same amount is
ARs.0
BRs.2
CRs.1.93
DRs.7.20
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Correct answer is: Rs.7.20
Explanation:
Discount of 40% on Rs.500
\(= \frac{500 \times 40}{100}\)= Rs.200
and single discount per cent equivalent to 36% and 4%
\(= \left(r_{1}+r_{2}-\frac{r_{1}r_{2}}{100}\right)\%\)
\(= 36+4-\frac{36 \times 4}{100}=40-1.44 = \text{38.56%}\)
Therefore, Discount by 38.56% on 500
\(= \frac{38.56 \times 500}{100} = \text{Rs.192.80}\)
Hence, required difference = (200 - 192.80} = Rs.7. 20
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