Question Details

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?

Options

A

₹2305

B

₹2352

C

₹2378

D

₹2336

Show Answer

Correct Answer :

Option B

₹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 = 4×700=2800


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 = 16% of 2800


Trade Discount Amount = 16100×2800=16×28=448


Step 4: Calculate the final total discounted price.

Total Discounted Price = Total Marked Price - Trade Discount Amount


Total Discounted Price = 2800-448=2352


Alternatively, paying after a 16% discount is equivalent to paying 84% of the marked price:


Total Discounted Price = 2800×84100=28×84=2352


Thus, the customer has to pay a total discounted price of ₹2352 for the five items.

Unlock Our Free Library

Access expert-curated educational resources and study materials—completely free.

Discover more resources

You may also like

Mock Tests

View All
  • CTET
  • intermediate
  • No time limit
  • child development and pedagogy, mathematics, social science

  • SSC
  • intermediate
  • 2 hours and 30 mins
  • child development and pedagogy, mathematics, social science

Ask AI Tutor
5 left
Q1 View Question & Options
AI Tutor is solving this question...
Reading question context & options...