Discussion
Seema buys a chair at a discount of 32 % on its marked price of ₹ 2800 and sells it by giving a discount of 15 % on its marked price and an additional discount of ₹ 225, if payment is done by a credit card. If a customer buys the chair using his credit card, then how much profit does Seema earn?
Answer: A
Seema earns a profit of 251 rupees. She buys at a 32 % discount on 2800: \[2800 \times 0.68 = 1904\] She sells after a 15 % discount on the marked price, 2800 x 0.85 = 2380, and a further 225 rupees off for a credit card payment: \[2380 - 225 = 2155\] Profit: \[2155 - 1904 = 251\] The options 255, 261 and 265 would need a different discount or cost, and none of them follows from the printed figures.
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