What is the formula for two successive discounts?

If the successive discounts d1, d2, and d3 are given on an item, then the selling price of that item is calculated by, SP = (1 – d1/100) x (1 – d2/100) x (1 – d3/100) x MP, where SP is selling price and MP is marked price.

How do you calculate two successive discounts?

So for the case I two successive discounts of 30% and 20% are given respectively. So, the price after the first discount will be, 100 – 30% of 100 = 100 – 30 = Rs. 70. Now, the price after the second discount will be, 70 – 20% of 70 = 70 – 14 = Rs.

What is the total discount of two successive 20% and 15% discount?

Solution(By Examveda Team)

Equivalent Discount = 35 – 3 = 32%.

What is the formula for successive discounts?

Let the listed price of an article be Rs 100. Single discount equivalent to offered successive discounts = (100 – 74.80) % = 25.2%.

What is the net discount on two successive discounts of 24% and 10%?

Thus, successive discounts i.e. 20% and 10% on 100 is 72. Thus, the answer is 28%. Option (a) is the correct answer.

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What is successive Formula?

Lets try an example. If there’s an increase of 20% and then a decrease of 10%, the successive percentage will be (20 + (-10) + 20 * (-10) / 100 ) = 20 – 10 – 2 = 8% increase. Now in case of discounts, the value of discount percentages will be considered negative.

How do you solve successive discount questions?

Total discount = (d + z – dz / 100) %

  1. Final discount = [28 + 30 – (28 x 30) / 100] % = (58 – 840 /100) % = 49.6%
  2. Which means Discount = 49.6% of 1000 = (49.6 / 100) x 1000 Rs 496.
  3. Selling price = M.P – Discount = 1000- 496 = 504.

What is a successive discount?

Successive discount is the discount offered on the discount. It is similar to compound interest (interest on interest). Let us have an example to understand the concept. Let the original price of a CD be ‘x’. a shopkeeper offers a discount of ‘y%’ and again ‘z%’ on the new price.

What is the single discount equivalent of successive discounts of 25 20 and 10%?

A singal discount equivalent to the successive discounts of 10%, 20% and 25% is – GKToday. Hence option [A] is the right answer.

What is discount formula?

The formula to calculate the discount rate is: Discount % = (Discount/List Price) × 100.

What is the formula for discount D?

The first step of the primary method is to use the formula S = p – rp, where S = sale price, r = discount percentage rate, and p = the original price. Using the alternative method, you look at the remaining percent of the price you’d be paying; for example, 90% is left if 10% is taken off.

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When calculating the successive discounts of 15 and 10 on a $100 item?

Therefore the option (a) is correct about the successive discounts of 15% and 10% on a $100 item is $76.5 .

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