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A shopkeeper allows a discount of 10% on...

A shopkeeper allows a discount of `10%` on his goods. For cash payments he further allows a discount of `20%` Find a single discount equivalent of the above offer.

A

25%

B

28%

C

32%

D

35%

Text Solution

AI Generated Solution

The correct Answer is:
To find the single discount equivalent of a 10% discount followed by an additional 20% discount on the reduced price, we can follow these steps: ### Step-by-Step Solution: 1. **Assume the Marked Price (MP)**: Let's assume the marked price of the goods is ₹100. **Hint**: Start with a simple value for the marked price to make calculations easier. 2. **Calculate the Selling Price after the First Discount**: The first discount is 10%. Therefore, the selling price after the first discount can be calculated as: \[ \text{Selling Price after 10% discount} = \text{MP} - \text{10% of MP} = 100 - (10/100) \times 100 = 100 - 10 = ₹90 \] **Hint**: To find the selling price after a discount, subtract the discount amount from the marked price. 3. **Calculate the Selling Price after the Second Discount**: The second discount is 20% on the new selling price (₹90). Thus, the selling price after the second discount is: \[ \text{Selling Price after 20% discount} = 90 - (20/100) \times 90 = 90 - 18 = ₹72 \] **Hint**: Again, subtract the second discount from the selling price obtained after the first discount. 4. **Calculate the Total Discount Given**: The total discount given from the original marked price (₹100) to the final selling price (₹72) is: \[ \text{Total Discount} = \text{MP} - \text{Final Selling Price} = 100 - 72 = ₹28 \] **Hint**: The total discount is simply the difference between the marked price and the final selling price. 5. **Calculate the Single Discount Rate**: To find the single discount rate, we can use the formula: \[ \text{Single Discount Rate} = \left(\frac{\text{Total Discount}}{\text{MP}}\right) \times 100 = \left(\frac{28}{100}\right) \times 100 = 28\% \] **Hint**: The single discount rate is the total discount expressed as a percentage of the marked price. ### Final Answer: The single discount equivalent of the above offer is **28%**.
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