Multiple choice

A shopkeeper offers 12% discount on plastic toys. He offers a further discount of 5% on cash payment. What will a customer have to pay in cash for a toy of Rs. 300?

  1. Rs. 200

  2. Rs. 220.80

  3. Rs. 230

  4. Rs. 250.80

  5. Rs. 250

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

Find the equivalent discount with this shortcut formula:

Single equivalent discount = x + y - xy/100 

= 12 + 5 - 12 * 5/10 

= 16.4%

Net selling price = 300 - 300 * 16.4/100 

= 250.80

So, a customer will have to pay Rs. 250.80.