Mathematics · Discount and Payment Schemes
An article has a selling price of ₹10,000. A shopkeeper requires a 20% upfront cash down payment. For the remaining 80% balance amount, he offers two financing scheme options: Testbook1. Two successive discounts of 10% 2. A discount of 10% followed by a discount of 8% How much total payment reduction/benefit (in ₹) does the buyer get from the original ₹10,000 price if he opts for the first scheme?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,520✓
- 2₹1,376
- 3₹1,500
- 4₹1,400
Correct answer
₹1,520
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