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A hotel provides a 12% discount for booking two or more rooms and an extra 5% discount for payments made with any SBI card. Rakesh booked two rooms for one day, each costing Rs. 1,500 per day. If he paid with an SBI Silver Card upon checkout, what was the total amount he had to pay?
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Solution: Step 1: Calculate the total initial cost without discounts.
Cost per room = Rs. 1,500.
Number of rooms = 2.
Total initial cost = 2 × 1500 = Rs. 3,000.
Step 2: Apply the first discount (12% for booking 2 or more rooms).
Amount after 12% discount = 3000 × (1 - 12/100) = 3000 × 0.88 = Rs. 2,640.
Step 3: Apply the second discount (5% for SBI card payment) on the discounted amount.
Amount after 5% additional discount = 2640 × (1 - 5/100) = 2640 × 0.95.
Amount = 2640 × 0.95 = Rs. 2,508.
Rakesh had to pay Rs. 2,508.