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On an item there is cash 5% discount on ...

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 %)

A

11

B

10

C

12

D

9

Text Solution

AI Generated Solution

The correct Answer is:
To find the seasonal discount percentage on the item, we will follow these steps: ### Step 1: Calculate the cash discount amount The marked price (MRP) of the item is Rs 25,000, and there is a cash discount of 5%. **Calculation:** Cash Discount = 5% of MRP = 5/100 * 25,000 = Rs 1,250 ### Step 2: Calculate the selling price after the cash discount Now, we will subtract the cash discount from the marked price to find the selling price after the cash discount. **Calculation:** Selling Price after Cash Discount = MRP - Cash Discount = 25,000 - 1,250 = Rs 23,750 ### Step 3: Determine the selling price after the seasonal discount The item is sold for Rs 20,900 after giving an additional seasonal discount. We will find the difference between the selling price after the cash discount and the final selling price. **Calculation:** Difference = Selling Price after Cash Discount - Selling Price after Seasonal Discount = 23,750 - 20,900 = Rs 2,850 ### Step 4: Calculate the seasonal discount percentage Now we will calculate the seasonal discount percentage based on the selling price after the cash discount. **Calculation:** Seasonal Discount Percentage = (Seasonal Discount / Selling Price after Cash Discount) * 100 = (2,850 / 23,750) * 100 = 12% ### Final Answer: The seasonal discount percentage is **12%**. ---
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