A store offers a trade discount of 16% on all items. In addition, they offer a “Buy four get one free” scheme on specific items. If a customer purchases five items each marked at ₹700 and the “Buy four get one free” scheme applies, what is the total discounted price for five items, the customer has to pay?
Correct Answer :
₹2352
Solution :
The correct option is ₹2352.
Let's break down the problem step-by-step to calculate the total discounted price paid by the customer for the five items.
Step 1: Understand the scheme and determine the number of items charged.
The customer purchases 5 items under a "Buy four get one free" scheme.
This means out of the 5 items, the customer only needs to pay for 4 items, and 1 item is completely free.
Step 2: Calculate the total marked price for the payable items.
Marked price of 1 item = ₹700
Number of items to be paid for = 4
Total Marked Price =
So, the base price before the trade discount is ₹2800.
Step 3: Apply the trade discount.
The store offers a trade discount of 16% on all items.
Trade Discount Amount =
Trade Discount Amount =
Step 4: Calculate the final total discounted price.
Total Discounted Price = Total Marked Price - Trade Discount Amount
Total Discounted Price =
Alternatively, paying after a 16% discount is equivalent to paying 84% of the marked price:
Total Discounted Price =
Thus, the customer has to pay a total discounted price of ₹2352 for the five items.
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