A store sells a product with an original price of ₹45,520. Calculate the total amount of discount provided if 10% trade discount and 5% scheme discount is applied on the transaction.

Correct option is D

Given:

Original price of the product = ₹45,520

Trade discount = 10%

Scheme discount = 5%

Solution:

Trade Discount =$$\frac{10}{100} \times 45,520 = ₹4,552$$​

Price after Trade Discount = 45,520 - 4,552 = ₹40,968

Scheme Discount = $$\frac{5}{100} \times 40,968 = ₹2,048.40$$​

Total discount provided = Trade Discount + Scheme Discount:

Total Discount = 4,552 + 2,048.40 = ₹6,600.40

So, the total amount of discount provided is ₹6,600.40.

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