Setting up a Children's discount on physical inventory, without discounting all items in a purchase.

I would like to create a children's discount, but only have it apply to certain items in a transaction. For instance, I want to have a childrens discount on Boxes. If a family purchases 4 x Boxes and 2x Balls, and has two children that should receive a discount on boxes only, I want to have the pruchase sell 2 boxes at full price, 2 boxes at discount, and 2 balls at full price. 

Is this possible? 

Alternatively, I could have a seperate inventory item that automatically sells the same item at a seperate price, but could I have the Full price item and the Children Price item, pull from the same inventory pool? 

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