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An article is priced at Rs 40,000. A ret...

An article is priced at Rs 40,000. A retailer allows 10% discount on the first 62.5 % of the price. On the remaining amount, he gives a discount of 4% . Then the overall percentage discount given on the article is `:`

A

7.75

B

8.5

C

8.25

D

`8.0`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down clearly. ### Step 1: Calculate the first part of the price The total price of the article is Rs 40,000. The retailer allows a 10% discount on the first 62.5% of the price. First, we need to find 62.5% of Rs 40,000: \[ \text{First part} = 62.5\% \text{ of } 40,000 = \frac{62.5}{100} \times 40,000 = 25,000 \] ### Step 2: Calculate the discount on the first part Now, let's calculate the discount on this first part: \[ \text{Discount on first part} = 10\% \text{ of } 25,000 = \frac{10}{100} \times 25,000 = 2,500 \] ### Step 3: Calculate the price after the first discount Now, we will calculate the price after applying the first discount: \[ \text{Price after first discount} = 25,000 - 2,500 = 22,500 \] ### Step 4: Calculate the remaining price Next, we need to calculate the remaining amount of the article price after the first part: \[ \text{Remaining amount} = 40,000 - 25,000 = 15,000 \] ### Step 5: Calculate the discount on the remaining amount The retailer gives a 4% discount on the remaining amount: \[ \text{Discount on remaining amount} = 4\% \text{ of } 15,000 = \frac{4}{100} \times 15,000 = 600 \] ### Step 6: Calculate the final price after both discounts Now, we will calculate the final price after applying both discounts: \[ \text{Final price} = \text{Price after first discount} + \text{Remaining amount} - \text{Discount on remaining amount} \] \[ \text{Final price} = 22,500 + 15,000 - 600 = 36,900 \] ### Step 7: Calculate the overall discount Now, we can calculate the overall discount given on the article: \[ \text{Total discount} = \text{Original price} - \text{Final price} = 40,000 - 36,900 = 3,100 \] ### Step 8: Calculate the overall percentage discount Finally, we calculate the overall percentage discount: \[ \text{Overall percentage discount} = \left( \frac{\text{Total discount}}{\text{Original price}} \right) \times 100 = \left( \frac{3,100}{40,000} \right) \times 100 = 7.75\% \] Thus, the overall percentage discount given on the article is **7.75%**. ---
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