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  1. 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
    1. ₹ 2.56
    2. ₹ 3.84
    3. ₹ 4.16
    4. ₹ 5.78
Correct Option: A

Single equivalent discount for successive discounts of 8% and 8%

= 8 + 8 −
8 × 8
%
100

= (16 − 0.64)%
∴  Difference = 0.64%
∴  Loss = 400 × 0.64%
Amount he will losse =
400 × 64
= ₹ 2.56
100 × 100



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