Two dealers have marked an article a same price. The first dealer allows two successive discounts of 15% and 5%. The other allows a discount of 20%.Which is the better offer ?
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Solution:
Two dealers have marked an article for same price. The first dealer allows, two successive discounts of 15% and 5%. The other allows a discount of 20%.
Now:
Let the marked price (MP) be Rs. x.
So,
The selling price (SP) of the first dealer:
SP = (1-d/100) (1-d/100) * MP
SP = (1-15/100) (1-5/100)
SP = 85/100 * 95/100 * x
SP = 17/20 * 19/20 * x
SP = 323/400x
Now,
Selling price (SP) of the second dealer:
SP = (1-d/100) * MP
SP = (1-20/100) * x
SP = 80/100x
SP = 4/5x
Now, we know that:
SP of 1st dealer > SP of 2nd dealer
Hence:
Second option is better.
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Answered by: Niki Swar, Goa❤️
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