sayantan sells a harmonium whose marked price is rs.4000.Ifhe offers successive discounts of 20%, 10% and 10%, then find the selling price of the harmonium and total discount he offered
Answers
Given:
Sayantan sells a harmonium worth Rs. 4000
He gives a discount of 20%, 10% & 10% on the fixed price
To find:
(i) The selling price of the harmonium
(ii) The equivalent discount
Solution:
(i). Finding the selling price of the harmonium:
The marked price of the harmonium = Rs. 4000
We will use the following formula of successive discounts to calculate the S.P. of the harmonium:
where
x → first discount
y → second discount
z → third discount
∴ = =
Thus, the selling price of the harmonium is Rs. 2592.
(ii). Finding the equivalent discount:
We will use the following formula to find the equivalent discount for the three separate discounts of x%, y% & z%:
Here we have,
x = 20%
y = 10%
z = 10%
∴ The equivalent discount is,
=
=
=
=
=
=
Thus, the equivalent discount is 35.2%.