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25% discount is already offered on an item. By applying a promo code the customer wins 20% cash back. What is the effective discount?
- a)40 percent
- b)44 percent
- c)43 percent
- d)42 percent
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
25% discount is already offered on an item. By applying a promo code t...
Let the cost price of the item be Rs. 100
25% discount is offered on an item
⇒ discount = 100 × 25/100 = Rs. 25
∴ discounted selling price = 100 - 25 = Rs. 75
Again 20% cash back is offered
⇒ cash back amount = 75 × 20/100 = Rs. 15
∴ final selling price = 75 - 15 = Rs. 60
Effective discount = cost price – selling price/cost price × 100 = 100 - 60/100 × 100 = 40%
25% discount is offered on an item
⇒ discount = 100 × 25/100 = Rs. 25
∴ discounted selling price = 100 - 25 = Rs. 75
Again 20% cash back is offered
⇒ cash back amount = 75 × 20/100 = Rs. 15
∴ final selling price = 75 - 15 = Rs. 60
Effective discount = cost price – selling price/cost price × 100 = 100 - 60/100 × 100 = 40%
Most Upvoted Answer
25% discount is already offered on an item. By applying a promo code t...
To find the effective discount, we need to calculate the total discount after applying both the initial discount and the cashback.
Given Information:
- Initial discount: 25%
- Cashback: 20%
Step 1: Calculate the discount after the initial discount is applied.
When a 25% discount is applied, the customer pays only 75% of the original price.
So, the effective price after the initial discount is 100% - 25% = 75%.
Step 2: Calculate the cashback amount.
The cashback is given as 20% of the effective price after the initial discount.
20% of 75% = (20/100) * 75% = 15%.
Step 3: Calculate the final price after the cashback is applied.
The final price after the cashback is the effective price after the initial discount minus the cashback amount.
75% - 15% = 60%.
Step 4: Calculate the effective discount.
To find the effective discount, we need to calculate the percentage difference between the original price and the final price after the cashback.
The effective discount is given by: (Original Price - Final Price) / Original Price * 100%.
Let's assume the original price of the item is 100, for simplicity.
The final price after the cashback is 60.
Effective Discount = (100 - 60) / 100 * 100%
Effective Discount = 40%
Therefore, the effective discount after applying both the initial discount of 25% and the cashback of 20% is 40%.
Hence, the correct answer is option A) 40 percent.
Given Information:
- Initial discount: 25%
- Cashback: 20%
Step 1: Calculate the discount after the initial discount is applied.
When a 25% discount is applied, the customer pays only 75% of the original price.
So, the effective price after the initial discount is 100% - 25% = 75%.
Step 2: Calculate the cashback amount.
The cashback is given as 20% of the effective price after the initial discount.
20% of 75% = (20/100) * 75% = 15%.
Step 3: Calculate the final price after the cashback is applied.
The final price after the cashback is the effective price after the initial discount minus the cashback amount.
75% - 15% = 60%.
Step 4: Calculate the effective discount.
To find the effective discount, we need to calculate the percentage difference between the original price and the final price after the cashback.
The effective discount is given by: (Original Price - Final Price) / Original Price * 100%.
Let's assume the original price of the item is 100, for simplicity.
The final price after the cashback is 60.
Effective Discount = (100 - 60) / 100 * 100%
Effective Discount = 40%
Therefore, the effective discount after applying both the initial discount of 25% and the cashback of 20% is 40%.
Hence, the correct answer is option A) 40 percent.
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25% discount is already offered on an item. By applying a promo code the customer wins 20% cash back. What is the effective discount?a)40 percentb)44 percentc)43 percentd)42 percentCorrect answer is option 'A'. Can you explain this answer?
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