Shortcut Trick
Net discount for Option 2 = 20 + 15 − (20 × 15) ÷ 100 = 32%
Discount for Option 1 = 30%
Difference in discount percentage = 32% − 30% = 2%
Amount difference = 2% of ₹8,000 = ₹160
Since 32% > 30%, Option 2 provides the greater discount.
∴ The correct answer is Option 2 and by ₹160.
Alternate Method
Given:
Marked Price (MP) = ₹8,000
Option 1: Single discount = 30%
Option 2: Successive discounts = 20% and 15%
Calculations:
⇒ Discount in Option 1 = 30% of 8,000 = (30 ÷ 100) × 8,000 = ₹2,400
⇒ Successive discount formula = x + y − (xy ÷ 100)
⇒ Effective discount % for Option 2 = 20 + 15 − (20 × 15 ÷ 100) = 35 − 3 = 32%
⇒ Discount in Option 2 = 32% of 8,000 = (32 ÷ 100) × 8,000 = ₹2,560
⇒ Difference in discount amounts = ₹2,560 − ₹2,400 = ₹160
⇒ Comparing both, Option 2 offers a discount that is ₹160 more than Option 1.
∴ The correct answer is Option 2 and by ₹160.
Additional Information
Successive Discount Formula
For two successive discounts of a% and b%, the single equivalent discount is calculated as (a + b − ab/100)%.
Marked Price and Selling Price
Discount is always calculated on the Marked Price (MP). The price after deduction is the Selling Price (SP), where SP = MP × (100 − Discount%)/100.
Three Successive Discounts
If three discounts a%, b%, and c% are given, first find the equivalent of a and b, then use that result with c using the same formula.