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A 20% discount is given on the marked price of an article on cash purchase and 10% discount is given on credit purchase. If a person buys 70% of the articles by cash purchase and 30% of the articles by credit purchase, what is the effective percentage discount he is getting?
  • a)
    12%
  • b)
    17%
  • c)
    23%
  • d)
    35%
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
A 20% discount is given on the marked price of an article on cash pur...
Consider a purchase of 1000. On a purchase of 700 by cash, he gets a discount of 140.
And the remaining Rs. 300 is purchased using credit card, so he gets a discount of 30.
Total discount = 170 over Rs. 1000 purchase.
So discount received by the person =
Hence the correct option is (b).
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Community Answer
A 20% discount is given on the marked price of an article on cash pur...
Given Information:
- 20% discount on cash purchase
- 10% discount on credit purchase
- 70% of articles bought by cash, 30% by credit

Calculating Effective Discount:
- Let's assume the marked price of the article is $100
- For cash purchase: 20% discount, so the person pays $80
- For credit purchase: 10% discount, so the person pays $90
- Weighted Average Discount = (0.7 * 20%) + (0.3 * 10%) = 14% + 3% = 17%
Therefore, the effective percentage discount the person is getting is 17%, which is option B.
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Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.

The question is followed by two statements, A and B. Answer each question using the following instructions: Mark option (1) if the question can be answered os using statement A alone but not by using statement B alone. Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone. Mark option (3) if the question can be answered by using either statement alone. Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone. Mark option (S) if the question cannot be answered on the basis of the two statements. 12) Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentage Krishna gave. 1. If he marks the article up Rs. S00 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)?

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A 20% discount is given on the marked price of an article on cash purchase and 10% discount is given on credit purchase. If a person buys 70% of the articles by cash purchase and 30% of the articles by credit purchase, what is the effective percentage discount he is getting?a)12%b)17%c)23%d)35%Correct answer is option 'B'. Can you explain this answer?
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