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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.
Quantity I: What is the net discount percentage offered by the shopkeeper if he offered three successive discounts of 10% each?
Quantity II: What is the net discount percentage offered by the shopkeeper if he offered three successive discounts of 10%, 15% and 5% each?
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or the relationship cannot be determined
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
In the following questions, two statements numbered I and II are give...
Quantity - I
Total discount given by the shopkeeper in this case =100(1 - 0.9 X 0.9 X 0.9) %
= 100(1 - 0.729) % = 27.1%
Quantity - II
Total discount given by the shopkeeper in this case =100(1 - 0.9 X 0.85 X 0.95) %
= 100(1 - 0.72675) % = 27.325%
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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.Quantity I: What is the net discount percentage offered by the shopkeeper if he offered three successive discounts of 10% each?Quantity II: What is the net discount percentage offered by the shopkeeper if he offered three successive discounts of 10%, 15% and 5% each?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or the relationship cannot be determinedCorrect answer is option 'B'. Can you explain this answer?
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