The difference between a discount of 40% on Rs.500 and two successive discounts of 36% and 4% on the same amount is


A) Rs.0

B) Rs.2

C) Rsd.1.93

D) Rs.7.20

Correct Answer:
D) Rs.7.20

Description for Correct answer:
Single equivalent discount for successive discounts of 36% and 4%

= \( \Large \left(36+4-\frac{36 \times 4}{100}\right) \)

= 38.56%

Therefore, Difference

= \( \Large 500 \times \left(40-38.56\right) \)%

= \( \Large \frac{500 \times 1.44}{100} \)

= Rs.7.20

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