Which is the better bargain ?
Recently while shopping in the city centre mall, I came across two very nice T-Shirts selling at a discount. I decided to buy one of them for my sister.
The shopkeeper offered me one of the T-shirts for Rs. 350 usually selling for 8/7 of that price and the other one for Rs. 300 usually selling for 7/6 of that price.
Of the two T-shirts which one do you think is a better bargain and by how much percent?
Answers
Given : The shopkeeper offered me one of the T-shirts for Rs. 350 usually selling for 8/7 of that price and the other one for Rs. 300 usually selling for 7/6 of that price
To Find : Of the two T-shirts which one do you think is a better bargain and by how much percent?
Solution:
T-shirts for Rs. 350 usually selling for 8/7
Usual selling price = (8/7)350 = 400 Rs
Bargain = 400 - 350 = Rs 50
Bargain % = (50/400) * 100 = 12.5 %
T-shirts for Rs. 300 usually selling for 7/6
Usual selling price = (7/6)300 = 350 Rs
Bargain = 350 - 300 = Rs 50
Bargain % = (50/350) * 100 = 14.3 %
in Amount both bargain are same = 50 Rs
in Terms % of percentage Rs. 300 usually selling for 7/6 has 14.3 - 12.5 = 1.8% Extra Bargain
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