If on a sale, there is 40% discount on the marked price of ₹1,200, but the sale is done at ₹520 only, then how much additional discount did the customer get?
- AOption (a)
\( 28\frac{7}{9}% \)
- BOption (b)
26 7/9%
- COption (c)
\( 27\frac{7}{9}% \)
- DOption (d)
\( 25\frac{7}{9}% \)
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Correct answer
\( 27\frac{7}{9}% \)
Why this answer is correct
Shortcut Trick
Price after 40% discount = 60% of 1200 = ₹720.
Final Sale Price = ₹520.
Additional Discount value = 720 − 520 = ₹200.
Additional Discount % = (200 ÷ 720) × 100 = (5 ÷ 18) × 100 = 250/9% = 27(7)/(9)%.
∴ The correct answer is 27(7)/(9)%.
Alternate Method
Given:
Marked Price (MP) = ₹1,200
First Discount = 40%
Final Sale Price (SP) = ₹520
Formula:
Price after discount = MP × (100 − Discount%) ÷ 100
Calculations:
⇒ Price after 40% discount = 1200 × (1 − 0.40)
⇒ Price after 40% discount = 1200 × 0.60 = ₹720
⇒ Total Additional Discount needed = 720 − 520 = ₹200
⇒ Additional Discount % = (Additional Discount ÷ Mid Price) × 100
⇒ Additional Discount % = (200 ÷ 720) × 100
⇒ Additional Discount % = (5 ÷ 18) × 100 = 500/18%
⇒ Additional Discount % = 250/9% = 27 7/9%
∴ The correct answer is 27(7)/(9)%.
Additional Information
Successive Discounts
When two discounts a% and b% are given, the equivalent single discount is calculated as: [a + b − (ab ÷ 100)]%.
Marked Price (MP)
The price printed on the product. Discounts are always calculated on the Marked Price unless stated otherwise.
Selling Price (SP)
The actual price at which an item is sold after all discounts. SP = MP − Discount.