A product is priced at ₹10,000. A wholesaler offers a trade discount of 20%. On the discounted price, a scheme discount of 10% is offered. However, if the customer pays in cash, an additional 5% discount is given on the final price after both discounts. What is the final price the customer has to pay?

Correct option is A

Given:

Marked price = ₹10,000

Trade discount = 20%

Scheme discount = 10% (on discounted price)

Additional cash discount = 5% (on final price after both discounts)

Concept Used:

Successive discounts

Final Price = MP × (1 – d₁) × (1 – d₂) × (1 – d₃)

where, d = dicount%

Solution:

Final Price = $$10000 \times \left(1 - \frac{20}{100}\right)\times \left(1 - \frac{10}{100}\right)\times \left(1 - \frac{5}{100}\right)$$​

 $$=10000 \times \left(\frac{80}{100}\right)\times \left( \frac{90}{100}\right)\times \left( \frac{95}{100}\right) \\ \ \\ = 1\times8\times9\times95 \\ \ \\ = ₹6840$$​​