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 If an accommodation bill of Rs.50,000 is discounted for Rs.49,000 and the proceeds are shared by X & Y m the ratio of 1: 4, the discount to be borneby Y is _____
  • a)
    Rs. 800
  • b)
    Rs. 600
  • c)
    Rs. 1,000
  • d)
    Rs. 400
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
If an accommodation bill of Rs.50,000 isdiscountedfor Rs.49,000 and th...
To find the discount to be borne by Y, we need to determine the amount of discount shared by X and Y.

Let's assume the discount shared by X is 'a' and the discount shared by Y is '4a' (since the ratio of their shares is 1:4).

Given that the accommodation bill is Rs. 50,000 and it is discounted for Rs. 49,000, we can calculate the total discount as follows:

Total Discount = Accommodation Bill - Discounted Amount
Total Discount = Rs. 50,000 - Rs. 49,000
Total Discount = Rs. 1,000

Now, we can set up an equation to find the value of 'a':

a + 4a = Rs. 1,000
5a = Rs. 1,000
a = Rs. 1,000/5
a = Rs. 200

So, the discount shared by X is Rs. 200 and the discount shared by Y is 4 times that, i.e., Rs. 800.

Therefore, the discount to be borne by Y is Rs. 800 (option A).
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If an accommodation bill of Rs.50,000 isdiscountedfor Rs.49,000 and the proceeds are shared by X Y m the ratio of 1: 4, the discount to be borneby Y is _____a)Rs. 800b)Rs. 600c)Rs. 1,000d)Rs. 400Correct answer is option 'A'. Can you explain this answer?
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