The marked price of a cooker is same at four shops I, II, III and IV. Shop I allows two successive discounts of 87% and 14%, shop II allows successive discounts of 16% and 92%, shop III allows successive discounts of 60% and 35% and shop IV allows successive discounts of 58%, 29%, and 87% on the marked price of the cooker. Which shop is selling the cooker at the lowest price?
IV
Compare the net price factor for each shop by multiplying the remaining fractions after each discount.
Shop I: \(0.13 \times 0.86 = 0.1118\).
Shop II: \(0.84 \times 0.08 = 0.0672\).
Shop III: \(0.40 \times 0.65 = 0.26\).
Shop IV: \(0.42 \times 0.71 \times 0.13 \approx 0.0388\).
Shop IV has the smallest factor, so its selling price is lowest.
Hence, shop IV sells the cooker at the lowest price.
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Important Questions from Discount and MP
If a trader marks the price of an article 50 percent more than the cost price and allows a discount of 30 percent, then what is his profit percentage?
Printed price of a mobile is Rs. 6,400. It is sold in Rs. 2,560 with two consecutive discount. If first discount is 20%, then what is the second discount?
A trader decided to mark his goods 15 percent above the cost price and then offered 40 percent discount. What will be the percentage of profit or loss?
On the sale of 20 percent discount, the value of an item is Rs. 760. What was the real value of the item?
What is the total discount applicable if 3 successive discounts of 20%, 10% and 12.5% are applied?
