Bharat goes to a shop to purchase a toy train priced at ₹5,000. He is offered 4 discount options by the shopkeeper. Which of these options should he opt for to gain maximum advantage of the discount offered?
- AOption (a)
Two successive discounts of 44% and 18%
- BOption (b)
Two successive discounts of 30% each
- COption (c)
Single discount of 22%
- DOption (d)
Two successive discounts of 24% and 25%
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Correct answer
Two successive discounts of 44% and 18%
Why this answer is correct
Shortcut Trick
To find the maximum advantage, calculate the equivalent single discount for each option.
Successive discount formula: a + b − (a × b) ÷ 100.
Option 1: 44 + 18 − (44 × 18) ÷ 100 = 62 − 7.92 = 54.08%.
Option 2: 30 + 30 − (30 × 30) ÷ 100 = 60 − 9 = 51%.
Option 3: Single discount = 22%.
Option 4: 24 + 25 − (24 × 25) ÷ 100 = 49 − 6 = 43%.
∴ The correct answer is Two successive discounts of 44% and 18%.
Alternate Method
Given: Marked Price (MP) = ₹5,000. Goal: Find the highest Effective Discount Rate.
Formulas: Effective Discount = a + b − (ab ÷ 100) | SP = MP × (100 − D%) ÷ 100.
⇒ Option 1: Effective Discount = 44 + 18 − (44 × 18 ÷ 100) = 62 − 7.92 = 54.08%.
⇒ Option 2: Effective Discount = 30 + 30 − (30 × 30 ÷ 100) = 60 − 9 = 51%.
⇒ Option 3: Effective Discount = 22%.
⇒ Option 4: Effective Discount = 24 + 25 − (24 × 25 ÷ 100) = 49 − 6 = 43%.
⇒ Comparing all values, 54.08% is the maximum discount.
∴ The correct answer is Two successive discounts of 44% and 18%.
Additional Information
Successive Discounts
Applying two or more discounts one after another on the remaining balance. Total discount is always less than the simple sum of the rates.
Customer Profit
A customer gains maximum advantage when the Net Effective Discount is the highest, resulting in the lowest Selling Price.