Order value is 110.10$, customer have 50% code and 40% code but places the order using 40% discount code and bit later customer realises that 50% discount code is missed and accidently used 40% code instead. Now customer contacts you to apply the missed 50% code, how much discount you will give out to customer? Explain in $value and in%?
Answers
Solution :
discount =(1450+2*850)(0.1)
=(1450+1700)(0.1)
=315 Rs
Customers have to pay=Total price-discount =3150-315=2835 Rs.
Given: Order value is 110.10$, customer have 50% coupon and 40% coupon but places the order using 40% discount coupon and bit later customer realises that 50% discount coupon is missed and accidentally used 40% coupon instead. Now customer contacts you to apply the missed 50% coupon.
To find: Discount to be given to the customer in $ value and in %
Solution: Order value= $110.10
When 40% discount coupon was used
Discount in $
= 40% of 110.10
= (40/100) × 110.10
= 0.4 × 110.10
= $44.04
If 50% discount coupon is used
Discount in $
= 50% of 110.10
=(50/100)×110.10
= 0.5 × 110.10
= $55.05
Since he used the 40% coupon instead of 50% coupon, the discount to be given in $ if he uses 50% coupon is
= Discount at 50% - Discount at 40%
= $55.05 - $44.04
= $44.04
= $11.01
Let the percentage discount be x.
To calculate the percentage discount, we use the formula:
Extra discount = x% of the orginal discount
=> $11.01 = (x/100) × $44.04
=> 1101/44.04 = x
=> x = 25%
It means that 25% discount should be given at the 40% discount price to bring the overall discount % to 50%.
Therefore, the discount value to be given to the customer is $11.01 in $value and 25% in % value on the 40% discount price to make the overall discount % to 50%.