A shopkeeper offers the following three schemes. Which scheme has the maximum discount percent?
I. Two successive discounts of 15% and 20%.
II. Buy 4 get 2 free.
III. Buy 6 get 4 free
- AOption (a)
III only
- BOption (b)
I only
- COption (c)
Both I and II
- DOption (d)
II only
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Correct answer
III only
Why this answer is correct
Shortcut Trick
Scheme I: Effective discount = 15 + 20 − (15 × 20) ÷ 100 = 32%
Scheme II: Discount % = [Free ÷ (Paid + Free)] × 100 = (2 ÷ 6) × 100 = 33.33%
Scheme III: Discount % = [Free ÷ (Paid + Free)] × 100 = (4 ÷ 10) × 100 = 40%
Comparing the values, Scheme III offers the maximum discount of 40%.
∴ The correct answer is Scheme III.
Alternate Method
Given:
Three discount schemes are provided by a shopkeeper:
I. Two successive discounts of 15% and 20%.
II. Buy 4 get 2 free.
III. Buy 6 get 4 free.
Discount Percentage Comparison
Scheme I
32%
Scheme II
33.33%
Scheme III
40% (Maximum)
Calculations:
For Scheme I: Two successive discounts of 15% and 20%
⇒ Equivalent Discount = a + b − (a × b) ÷ 100
⇒ Equivalent Discount = 15 + 20 − (15 × 20) ÷ 100
⇒ Equivalent Discount = 35 − 300 ÷ 100
⇒ Equivalent Discount = 35 − 3 = 32%
For Scheme II: Buy 4 get 2 free
⇒ Total items = 4 (paid) + 2 (free) = 6
⇒ Discount % = (Free Items ÷ Total Items) × 100
⇒ Discount % = (2 ÷ 6) × 100 = 33.33%
For Scheme III: Buy 6 get 4 free
⇒ Total items = 6 (paid) + 4 (free) = 10
⇒ Discount % = (Free Items ÷ Total Items) × 100
⇒ Discount % = (4 ÷ 10) × 100 = 40%
⇒ Comparing all three schemes: 32%, 33.33%, and 40%.
⇒ The maximum discount is 40% which is provided by Scheme III.
∴ The correct answer is Scheme III.
Additional Information
Successive Discounts
When two or more discounts are given one after another on the marked price. The effective discount of two discounts a% and b% is calculated as [a + b − (a × b) ÷ 100]%.
Buy X Get Y Free Concept
In promotional offers, the free items represent the discount amount, and the total items (paid + free) represent the marked price base. The equivalent Discount % is calculated as [Free Items ÷ Total Items] × 100.
Marked Price vs Selling Price
Selling Price (SP) is the final amount paid by the customer after all discounts are applied to the Marked Price (MP). The formula is SP = MP × (100 − Discount %) ÷ 100.