Question
Download Solution PDFA shopkeeper offers three schemes as given below to sell a particular type of product. Which of the following schemes offer(s) the maximum discount percentage?
A. Buy 6, get 4 free
B. Buy 5, get 5 free
C. Two successive discounts of 18% and 24%
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFFormula used:
Effective discount = x + y - (x × y)/100
effective discount = (Article get free)/(Total articles) × 100
Calculation:
Scheme A. Buy 6 get 4 free
So, effective discount for scheme A is = (Article get free)/(Total articles) × 100
= 4/(6 + 4) × 100 = 40%
Scheme B. Buy 5 get 5 free
So, effective discount for scheme B is = (Article get free)/(Total articles) × 100
= 5/(5 + 5 ) × 100 = 50%
Scheme C. Two successive discounts of 18% and 24%
= 18 + 24 - (18 × 24)/100
= 42 - 4.32
= 37.68%
B has the maximum discount percentage.
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