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Which of the following schemes provide the highest discount?
Question

Which of the following schemes provide the highest discount?

A.

Two successive discounts of 10% and 3%

B.

Two successive discounts of 10% each

C.

Two successive discounts of 7% and 10%

D.

Two successive discounts of 5% and 10%.

Correct option is B

Formula Used:

Total Discount = 100 - (1d1100)(1d2100)×100(1 - \frac{d_1}{100})(1 - \frac{d_2}{100}) \times 100​​

Solution:

A. Two successive discounts of 10% and 3%

Total Discount = 100(110100)(13100)×100100 - (1 - \frac{10}{100})(1 - \frac{3}{100}) \times 100​​

=100(0.9×0.97)×100= 100 - (0.9 \times 0.97) \times 100​​

=1000.873×100=10087.3=12.7%= 100 - 0.873 \times 100 = 100 - 87.3 = 12.7\%​​

B. Two successive discounts of 10% each

Total Discount = 100(110100)(110100)×100100 - (1 - \frac{10}{100})(1 - \frac{10}{100}) \times 100​​

=100(0.9×0.9)×100= 100 - (0.9 \times 0.9) \times 100​​

=1000.81×100=10081=19%= 100 - 0.81 \times 100 = 100 - 81 = 19\%​​

C. Two successive discounts of 7% and 10%

Total Discount  = 100(17100)(110100)×100100 - (1 - \frac{7}{100})(1 - \frac{10}{100}) \times 100​​

=100(0.93×0.9)×100= 100 - (0.93 \times 0.9) \times 100​​

=1000.837×100=10083.7=16.3%= 100 - 0.837 \times 100 = 100 - 83.7 = 16.3\%​​

D. Two successive discounts of 5% and 10%

Total Discount = 100(15100)(110100)×100100 - (1 - \frac{5}{100})(1 - \frac{10}{100}) \times 100​​

=100(0.95×0.9)×100= 100 - (0.95 \times 0.9) \times 100​​

=1000.855×100=10085.5=14.5%= 100 - 0.855 \times 100 = 100 - 85.5 = 14.5\%​​

The highest discount is provided by B: Two successive discounts of 10% each, with a total discount of 19%.

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