A shopkeeper offers 25% discount on all the toys. He offers a further discount of 5% on the reduced price to those customers who pay in cash. How much does a customer have to pay (in ₹) in cash for a toy of ₹510? (Correct to two decimal places)
- A360.38
- B250.65
- C363.38
- D146.25
Solution & Step-by-step Explanation
The initial price of the toy = ₹510
First discount = 25%
Price after the first discount:
Price
1
=510×(1−
100
25
)=510×
100
75
=510×
4
3
=382.50
A further cash discount of 5% is applied to this reduced price.
Final price to be paid in cash:
Final Price=382.50×(1−
100
5
)=382.50×
100
95
Final Price=382.50×0.95=363.375
Rounding off to two decimal places, the customer has to pay ₹363.38.
First discount = 25%
Price after the first discount:
Price
1
=510×(1−
100
25
)=510×
100
75
=510×
4
3
=382.50
A further cash discount of 5% is applied to this reduced price.
Final price to be paid in cash:
Final Price=382.50×(1−
100
5
)=382.50×
100
95
Final Price=382.50×0.95=363.375
Rounding off to two decimal places, the customer has to pay ₹363.38.