Q70 (CISF/2023) Economy › Basic Concepts & National Income

A man purchases 5 shirts in a 'buy two, get five' scheme. How much discount percentage did he get?

Explanation

In a 'Buy 2, Get 5' scheme, the phrasing implies that the customer receives a total of 5 items while only paying for 2 of them.

Total items received = 5
Items paid for = 2
Number of free items = Total items - Paid items = 5 - 2 = 3

The discount percentage is calculated based on the number of free items relative to the total number of items received:

Discount % = (Free Items / Total Items) × 100

Discount % = (3 / 5) × 100 = 60%

Therefore, the man receives a 60% discount. If the scheme were 'Buy 2, Get 5 Free', the total items would be 7, but in a 'Buy X, Get Y' format, Y represents the total quantity delivered to the customer.

Change set

Question map

A man purchases 5 shirts in a 'buy two, get five' scheme. How much discount percentage did he get?

Explanation

SIMILAR QUESTIONS

I had bought a shirt at 10% discount which I sold to a friend at a loss of 10%. If the friend paid me "729-00 for the shirt, what was the undiscounted price of the shirt?

A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively ?

A shopkeeper gives two consecutive discounts of 10% and 5% respectively on his items. He then adds 20% GST on his items. If an item has marked price 2,000, how much more or less of the actual price of the item a customer has to pay?

A person buys an item from a shop for which the shopkeeper offers a discount of 10% on the marked price. The person pays using an e-wallet which gives 10% cash back. Which one of the following is the value of effective discount?

1. A shopkeeper lists the selling price of an item at 20% more than its cost price. He then offers a festival discount of 10% on that item. What is his net profit ?