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Which is better scheme?

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October 15, 2014 by Essaki Muthu 3 Comments

For a TV (worth Rs. 50000), a showroom announced two discount schemes.

First scheme is 65% discount.

Second scheme is ‘Ten times 10% discount on price over and over’.

Which one do you choose and why?

Check your answer:-

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Click here to See SolutionHide
Lets say initial price is X rs, price after 10% discount will be.

X – X*10/100 = 90X/100, final price is 9/10th of initial price.

Thus price after 10 times discount of 10% over and over will be X(9/10)^10 = 0.3486X.

While price after 65% discount will be 0.35X.

Thus it will be more beneficial to choose Second scheme.

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Comments

  1. Sagar Aggarwal says

    October 17, 2014 at 1:27 pm

    2nd scheme provides discount of around 65.13%. So 2nd scheme is better.

    Reply
  2. sudarshan says

    October 17, 2014 at 12:58 pm

    2nd scheme is better, though the discount amount in the 1st scheme comes to 32500 and 32566 in the 2nd

    Reply
  3. Hardeep says

    October 16, 2014 at 12:38 pm

    2nd scheme is better.

    Reply

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