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A toy train is marked at ₹ 400 and sold at a discount of 8% during Ganesh puja. A shopkeeper announces a discount of 8%. The amount he will loose if he announces a single discount of 16% is
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- ₹ 2.56
- ₹ 3.84
- ₹ 4.16
- ₹ 5.78
Correct Option: A
Single equivalent discount for successive discounts of 8% and 8%
= | 8 + 8 − | % | |||
100 |
= (16 − 0.64)%
∴ Difference = 0.64%
∴ Loss = 400 × 0.64%
Amount he will losse = | = ₹ 2.56 | |
100 × 100 |