A store has a product with a cost price of ₹400. Additionally, if a customer uses a storeloyalty card, they receive an extra 5% discount. What is the final price the customerpays?

Correct option is D

Given:

Cost price of the product = ₹400

Additional discount with loyalty card = 5%

Formula Used:

Final Price =$$\text{Original Price} \times \left(1 - \frac{\text{Discount Percentage}}{100}\right)$$​​

Solution:

Final Price = $$400 \times \left(1 - \frac{5}{100}\right)$$

= 400 × 0.95

= ₹380