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.)?
C, 1783.40
This problem involves calculating the final selling price and the total discount offered by different shopkeepers who apply successive discounts on the same marked article. Successive discounts mean that the second discount is applied to the price after the first discount has been deducted.
The marked price of the article is Rs. 4820 for all three shopkeepers.
Shopkeeper A offers successive discounts of 20% and 20%.
Let the marked price be MP. The price after the first discount of 20% is:
Price after 1st discount = \(MP \times \left(1 - \frac{20}{100}\right)\)
Price after 1st discount = \(4820 \times \left(\frac{80}{100}\right) = 4820 \times 0.80 = 3856\)
Now, the second discount of 20% is applied to this new price (Rs. 3856).
Selling Price (SP) for A = \(3856 \times \left(1 - \frac{20}{100}\right)\)
SP for A = \(3856 \times \left(\frac{80}{100}\right) = 3856 \times 0.80 = 3084.80\)
The total discount given by shopkeeper A is the difference between the marked price and the selling price.
Discount for A = Marked Price - Selling Price for A
Discount for A = \(4820 - 3084.80 = 1735.20\)
Shopkeeper B offers successive discounts of 25% and 15%.
Price after the first discount of 25%:
Price after 1st discount = \(4820 \times \left(1 - \frac{25}{100}\right)\)
Price after 1st discount = \(4820 \times \left(\frac{75}{100}\right) = 4820 \times 0.75 = 3615\)
Now, the second discount of 15% is applied to Rs. 3615.
Selling Price (SP) for B = \(3615 \times \left(1 - \frac{15}{100}\right)\)
SP for B = \(3615 \times \left(\frac{85}{100}\right) = 3615 \times 0.85 = 3072.75\)
The total discount given by shopkeeper B is:
Discount for B = Marked Price - Selling Price for B
Discount for B = \(4820 - 3072.75 = 1747.25\)
Shopkeeper C offers successive discounts of 30% and 10%.
Price after the first discount of 30%:
Price after 1st discount = \(4820 \times \left(1 - \frac{30}{100}\right)\)
Price after 1st discount = \(4820 \times \left(\frac{70}{100}\right) = 4820 \times 0.70 = 3374\)
Now, the second discount of 10% is applied to Rs. 3374.
Selling Price (SP) for C = \(3374 \times \left(1 - \frac{10}{100}\right)\)
SP for C = \(3374 \times \left(\frac{90}{100}\right) = 3374 \times 0.90 = 3036.60\)
The total discount given by shopkeeper C is:
Discount for C = Marked Price - Selling Price for C
Discount for C = \(4820 - 3036.60 = 1783.40\)
Let's compare the total discounts offered by each shopkeeper:
| Shopkeeper | Successive Discounts | Selling Price (Rs.) | Total Discount (Rs.) |
|---|---|---|---|
| A | 20% and 20% | 3084.80 | 1735.20 |
| B | 25% and 15% | 3072.75 | 1747.25 |
| C | 30% and 10% | 3036.60 | 1783.40 |
From the table, we can see that Shopkeeper C gives the maximum discount, which is Rs. 1783.40.
Shopkeeper C provides the highest discount of Rs. 1783.40 on the article marked at Rs. 4820.
| Concept | Description |
|---|---|
| Marked Price (MP) | The price at which an article is listed for sale. |
| Discount | A reduction in the marked price. Calculated as MP - SP. |
| Successive Discounts | When multiple discounts are applied one after another. Each subsequent discount is applied to the price remaining after the previous discount. |
| Selling Price (SP) | The final price after deducting the discount(s) from the marked price. For successive discounts \(d_1\%\) and \(d_2\%\), \(SP = MP \times \left(1 - \frac{d_1}{100}\right) \times \left(1 - \frac{d_2}{100}\right)\). |
Two successive discounts of \(d_1\%\) and \(d_2\%\) are equivalent to a single discount. The formula for the equivalent single discount (D) is:
\(D = d_1 + d_2 - \frac{d_1 \times d_2}{100}\)
Let's check this formula for the given cases:
The shopkeeper offering the highest effective single discount will give the maximum total discount in Rupees, assuming the marked price is the same. In this case, 37% (Shopkeeper C) is the highest effective discount percentage, which aligns with our finding that Shopkeeper C gives the maximum discount amount.
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