Question

A Car is marked at Rs 2,50,000. The dealer allows successive discount of
5%, 4% and 2% on it. What is the net selling price of the car?

Answer 1

Answer:

Market price = 3,00,000

Price after 6% discount =3,00,000[1−

100

6

]

=

100

94

×3,00,000

=282,000

Price after 4% discount =282,000[1−

100

4

]

=

100

96

×282,000

=270,720

Price after 2.5% discount =270,720[1−

100

2.5

]

=

100

97.5

×270,720

=263952

Answer 2

Answer:

Seling price of the car is

$250000(1 - \frac{5}{100} )(1 - \frac{4}{100} )(1 - \frac{2}{100} ) \\ = 250000 \times \frac{19}{20} \times \frac{24}{25} \times \frac{49}{50} \\ = 223400$