Question : If 3 coconuts are offered free on the purchase of 12 coconuts, priced INR 25 each, what is the effective discount on each coconut?
Option 1: 20%
Option 2: 24%
Option 3: 20.83%
Option 4: 15%
Correct Answer: 20%
Solution :
Profit% = $\frac{\text{Discount}}{\text{Selling Price}}\times 100$
If one is buying 12 coconuts, he's getting another 3 for free.
Total coconuts purchased = 12 + 3 = 15
Now, Discount % = $\frac{3\times 25}{15\times25}\times 100$% = 20%
∴ The effective discount is 20%.
Hence, the correct answer is 20%.
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