Question
Download Solution PDFA store is running a scheme for offering a discount of 12% if the customer pays instantly, and a discount of 6% if purchased through credit card. The benefit of the scheme may be split on the amount of payment, however only one discount shall be given on one item. There is no discount on any other type of transaction. Ankur purchased a shirt from the store, whose marked price was ₹2,200, through credit card and paid instantly for the purchase of a coat marked at ₹7,500. What was the total amount (in ₹) billed?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price of shirt = ₹2,200
Discount on credit card payment = 6%
Marked price of coat = ₹7,500
Discount on instant payment = 12%
Formula used:
Discounted price = Marked price - (Marked price × Discount rate)
Calculation:
Discount on shirt = ₹2,200 × 6% = ₹2,200 × 0.06 = ₹132
Discounted price of shirt = ₹2,200 - ₹132 = ₹2,068
Discount on coat = ₹7,500 × 12% = ₹7,500 × 0.12 = ₹900
Discounted price of coat = ₹7,500 - ₹900 = ₹6,600
Total amount billed = ₹2,068 + ₹6,600 = ₹8,668
∴ The correct answer is option 1.
Last updated on Jun 3, 2025
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