A toffee costs Rs. 1 however, a discount of 4% is allowed on all the t

1.	A toffee costs Rs. 1 however, a discount of 4% is allowed on all the toffees purchased after 1000 toffees. How much will it cost to purchase 4000 toffees?1. Rs. 39102. Rs. 38803. Rs. 37504. Rs. 3660
Answer» Correct Answer - Option 2 : Rs. 3880 GIVEN: A toffee costs Rs. 1 however, a discount of 4% is allowed on all the toffees purchased after 1000 toffees. CONCEPT: Basic concept of discount FORMULA USED: Selling price = Marked price × [1 – (Discount/100)] CALCULATION: Total cost = (1 × 1000) + (1 – 1 × 0.04) × 3000 ⇒ Total cost = 1000 + 2880 = Rs. 3880

A toffee costs Rs. 1 however, a discount of 4% is allowed on all the toffees purchased after 1000 toffees. How much will it cost to purchase 4000 toffees?1. Rs. 39102. Rs. 38803. Rs. 37504. Rs. 3660

Answer» Correct Answer - Option 2 : Rs. 3880

GIVEN:

A toffee costs Rs. 1 however, a discount of 4% is allowed on all the toffees purchased after 1000 toffees.

CONCEPT:
Basic concept of discount

FORMULA USED:

Selling price = Marked price × [1 – (Discount/100)]

CALCULATION:

Total cost = (1 × 1000) + (1 – 1 × 0.04) × 3000

⇒ Total cost = 1000 + 2880 = Rs. 3880

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A toffee costs Rs. 1 however, a discount of 4% is allowed on all the toffees purchased after 1000 toffees. How much will it cost to purchase 4000 toffees?1. Rs. 39102. Rs. 38803. Rs. 37504. Rs. 3660

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