A shopkeeper offers 25% discount on all the toys. He offers a further discount of 5% on the reduced price to those customers who pay in cash. How much does a customer have to pay (in ₹) in cash for a toy of ₹510? (Correct to two decimal places)

Question

Question

This question was previously asked in

SSC Selection Post 2024 (Matriculation Level) Official Paper (Held On: 26 Jun, 2024 Shift 1)

Answer 1

Given:

Original price of the toy = ₹510

Discount offered = 25%

Further discount for cash payment = 5%

Formula Used:

Final price after discount = Original price × (1 - Discount rate)

Further discount price = Reduced price × (1 - Further discount rate)

Calculation:

Price after first discount:

⇒ Reduced price = ₹510 × (1 - 0.25)

⇒ Reduced price = ₹510 × 0.75

⇒ Reduced price = ₹382.50

Price after further discount for cash payment:

⇒ Final price = ₹382.50 × (1 - 0.05)

⇒ Final price = ₹382.50 × 0.95

⇒ Final price = ₹363.38

The customer has to pay ₹363.38 in cash for the toy.