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:-
Click here to See Solution
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.
