Correct Answer - Option 4 : 2.63%
Given:
Lalit goes to cloth shop to buy a Shirt and a Jeans. He bargains for a 15% discount on a jeans and 20% discount on a shirt.
The jeans cost 40% as much as the shirt.
Formula used:
After discount cost of the product = given amount (100 – discount%)/100
Calculation:
Let the cost price of shirt Rs. 100
According to the question,
The cost price of jeans 40% of shirt price
⇒ 100(40/100)
⇒ Rs. 40
The bargained price by Lalit on jeans and shirt
Cost of jeans = 15% discount of Rs. 40
⇒ 40(100 – 15)/100
⇒ Rs. 34
Cost of shirt = 20% discount of Rs. 100
⇒ 100(100 – 20)/100
⇒ Rs. 80
So, Total bargained value = 80 + 34
⇒ Rs. 114
But, He actually pays
Cost of jeans = 20% discount of Rs. 40
⇒ 40(100 – 20)/100
⇒ Rs. 32
Cost of shirt = 15% discount of Rs. 100
⇒ 100(100 – 15)/100
⇒ Rs. 85
The total actually pays = 85 + 32
⇒ Rs. 117
Lalit pays extra amount in percentage
⇒ ((117 – 114)/114)× 100
⇒ 2.63%
∴ Lalit pays extra amount is 2.63%.