A man buys a television set which lists for Rs 5000 at 10% discount

• Profit Loss

A man buys a television set which lists for Rs 5000 at 10% discount. He gets an additional 2% discount (after the first discount) for paying cash. What does he actually pay for the set?

1. Rs. 4000
2. Rs. 4400
3. Rs. 4410
4. Rs. 4500

Answer

First discounted value = 5000 × (1 - 0.1) = 4500

Final discounted value = 4500 × (1 - 0.02) = 0.98 × 4500 = Rs. 4410

The correct option is C.