A company offers three types of successive discounts |
(i) 25% and 15% |
(ii) 30% and 10% |
(iii) 35% and 5%. |
Which offer is the best for a customer? |
A) First offer
B) Second offer
C) Third offer
D) Anyone, all are equally good
Correct Answer: C
Solution :
First Type |
Equivalent discount \[=\left( 25+15-\frac{25\times 15}{100} \right)%\] |
\[=(40-3.75)%=36.25%\] |
Second Type |
Equivalent discount \[=\left( 30+10-\frac{30\times 100}{100} \right)%\] |
\[=(40-3)%=37%\] |
Third Type |
Equivalent discount \[=\left( 35+5-\frac{35\times 5}{100} \right)%\] |
\[=(40-1.75)%=38.25%\] |
Clearly, third offer is best for a customer. |
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