A trader gives a discount of 4% for purchases above Rs 25,000, 6% for purchases above Rs 35,000 and 8% for purchases above Rs 50,000. If an item is purchased for Rs 38,500, what would be the amount of discount?

A trader gives a discount of 4% for purchases above Rs 25,000, 6% for

1.	A trader gives a discount of 4% for purchases above Rs 25,000, 6% for purchases above Rs 35,000 and 8% for purchases above Rs 50,000. If an item is purchased for Rs 38,500, what would be the amount of discount?
A.	Rs. 3,740
B.	Rs. 1,810
C.	Rs. 3,080
D.	Rs. 2,310
Answer» E.

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A trader gives a discount of 4% for purchases above Rs 25,000, 6% for purchases above Rs 35,000 and 8% for purchases above Rs 50,000. If an item is purchased for Rs 38,500, what would be the amount of discount?

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