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  • Question
  • A retailer offers the following discount schemes for buyers on an article .
    i. Two successive discounts of 10 % .
    ii. A discount of 12 % followed by a discount of 8 %.
    iii. Successive discount of 15 % and 5 % .
    iv. A discount of 20 % .
    The selling price will be minimum under the scheme


  • Options
  • A. i
  • B. ii
  • C. iii
  • D. iv

  • Correct Answer
  • iv 

    Explanation

    i. Equivalent single discount to 10 % and 10 % = 10 + 10 - (10 x 10)/100 % = 19 %
    ii. Equivalent single discount to 12 % and 8 % = 12 + 8 - (12 x 8)/100 = 20 - 0.96 = 19.04 %
    iii. Equivalent single discount to 15 % and 5 % = 15 + 5 - (15 x 5)/100 = 20 - 0.75 = 19.25 %
    iv. Equivalent single discount to 20 % = 20 % So, the selling price will be minimum under the scheme iv as in this scheme, the discount is maximum .


  • More questions

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      0.0169 / 0.013=?

    • Options
    • A. .13
    • B. .013
    • C. 1.3
    • D. 13
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    • 2. 
      Two posts are x meter apart and the height of one is double that of the other. If from the midpoint of the line joining their feet, an observer finds the angular elevations of their tops to be complementary, then the height (in meter) of the shorter post is :

    • Options
    • A. x 2 ?2
    • B. x 4
    • C. x ?2
    • D. x ?2
    • Discuss
    • 3. 
      If p/q =4/5, then the value of 4/7 + {(2q - p) / (2q + p)} is?

    • Options
    • A. 3 / 7
    • B. 34
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    • 4. 
      What is 25% of 25% is equal to?

    • Options
    • A. 6.25
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    • C. .0625
    • D. .000625
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    • 5. 
      The number .05 is hoe many percent of 20?

    • Options
    • A. 25
    • B. .025
    • C. .25
    • D. 2.5
    • Discuss
    • 6. Find the lowest common multiple of 24, 36 and 40.

    • Options
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    • C. 360
    • D. 480
    • Discuss
    • 7. 
      8 1/ 3% expressed as a fraction is?

    • Options
    • A. 25/3
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    • Discuss
    • 8. 
      .025 in terms of term of rate per cent is?

    • Options
    • A. .25%
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    • Discuss
    • 9. 
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    • Options
    • A. 2.5%
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    • C. 25%
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    • Discuss
    • 10. 
      A sum of ? 4000 is lent out in two parts, one at 8% simple interest and other at 10% simple interest. If the annual interest is ? 352, the sum lent at 8% is

    • Options
    • A. ? 1600
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    • C. ? 1800
    • D. ? 2800
    • Discuss


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