Question
Download Solution PDFAn item costs Rs15,000. A customer can choose either 30% discount or the buy two get one free offer. Jeevan chose the first offer and Rakshit chose the second offer. Find the difference in their payment for a single item.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
An item costs ₹15,000. A customer can choose either 30% discount or the buy two get one free offer.
Formula used:
Discount price = Original price - (Discount % × Original price)
Buy two get one free offer price per item = (Total price for 3 items) / 3
Calculations:
For Jeevan:
Discount = 30%
Original price = ₹15,000
⇒ Discounted price = ₹15,000 - (30% × ₹15,000)
⇒ Discounted price = ₹15,000 - (0.30 × ₹15,000)
⇒ Discounted price = ₹15,000 - ₹4,500
⇒ Discounted price = ₹10,500
For Rakshit:
Buy two get one free offer:
Original price per item = ₹15,000
Total price for 3 items = 2 × ₹15,000
⇒ Total price for 3 items = ₹30,000
⇒ Price per item = ₹30,000 / 3
⇒ Price per item = ₹10,000
Difference in their payment:
⇒ Difference = ₹10,500 - ₹10,000
⇒ Difference = ₹500
∴ The correct answer is option 1.
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