The discount scheme of a shop keeper is 20% for the first 100 rupees, 30% for the next 100 rupees and 50% for the amount above 200 rupees. What is the selling price if marked price is 1250 rupees?
The discount scheme of a shop keeper is 20% for the first 100 rupees, 30% for the next 100 rupees and 50% for the amount above 200 rupees. What is the selling price if marked price is 1250 rupees? Correct Answer 675 rupees
The total discount = 20 for the first 100, 30 for the next 100 and 50 * 1050 / 100 = 525 for the remaining amount = 20 + 30 + 525 = 575 rupees The selling price = 1250 – 575 = 675 rupees