A shopkeeper offers the following 3 schemes. Which scheme has the maximum discount percentage?
I. Two successive discounts of 30% and 20%
II. Buy 4 get 7
III. Buy 4 get 3 free
Let marked price = Rs. 100
Scheme I : After 1st discount of 30%, effective price = $$100-(\frac{30}{100}\times100)=Rs.$$ $$70$$
Similarly, after 2nd discount of 20%, effective price =Â $$70-(\frac{20}{100}\times70)=Rs.$$ $$56$$
=> Discount offered = $$\frac{(100-56)}{100}\times100=44\%$$
Scheme II : Marked price of 7 = Rs. 700 and selling price of 4 = Rs. 400
=> Discount % =Â $$\frac{(700-400)}{700}\times100=42.85\%$$
Scheme III : Marked price of 7 =Â Rs. 700 and selling price of 4 = Rs. 400
=> Discount % =Â $$\frac{(700-400)}{700}\times100=42.85\%$$
$$\therefore$$Â Scheme IÂ has the highest discount percentage.
=> Ans - (A)
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