Multiple choice

On a machine, there is 10% trade discount on the marked price of Rs. 2,50,000. But, the machine is sold at Rs. 2,16,000 after giving a cash discount. How much is this cash discount (in %)?

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Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Marked price = 2,50,000. After 10% trade discount, price = 2,25,000. Sold at 2,16,000. Cash discount = 2,25,000 - 2,16,000 = 9,000. Percentage = (9,000 / 2,25,000) * 100 = 4%.

AI explanation

After the 10% trade discount on the marked price, the price becomes 250000 times 0.90, which equals Rs. 2,25,000. The machine is ultimately sold for Rs. 2,16,000, so the cash discount amount is 225000 minus 216000, which equals Rs. 9,000. Using the percentage discount formula on the base price after the trade discount, the cash discount percentage is (9000 divided by 225000) times 100, which equals 4%.

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