The marked price of a cooker is the same at four shops I, II, III and IV. Shop I allows two successive discounts of 89% and 68%, shop II allows successive discounts of 50% and 51%, shop III allows successive discounts of 25% and 11% and shop IV allows successive discounts of 94%, 49%, and 21% on the marked price of the cooker. Which shop is selling the cooker at the lowest price?
IV
Shop I multiplier: \(0.11\times0.32 = 0.0352\).
Shop II multiplier: \(0.50\times0.49 = 0.245\).
Shop III multiplier: \(0.75\times0.89 = 0.6675\).
Shop IV multiplier: \(0.06\times0.51\times0.79 \approx 0.0242\).
Shop IV has the lowest multiplier, meaning the lowest final price.
Hence, Shop IV is selling the cooker at the lowest price.
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Important Questions from Discount and MP
The marked price of an article is Rs. 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs. 991, then his profit (in Rs.) is:
Surbhi sold an article for Rs. 176 after giving 12% discount on its marked price. Had she not given any discount; she would have earned a profit of 25%. What is the cost price (in Rs.) of the article?
The marked price of an article is Rs. 240. A shopkeeper sells it by allowing 18% discount on its marked price and still gains 23%. What is the cost price (in Rs.) of the article?
Three shopkeepers A, B and C marked on an identical article at Rs. 4820. A, B and C sold their article on successive discounts of 20% and 20%; 25% and 15%; 30% and 10% respectively. Which shopkeeper gives the maximum discount and how much (in Rs.)?
Find a single discount percentage equivalent to successive discounts of 10%, 20% and 25%.
