What is single discount?

Contents

Single trade discounts are commonly known as “one-off” discounts that your business offers to customers or clients when their purchases meet a specific condition that would trigger that discount.

What is the formula of single discount?

In this context, what is the equivalent of a single discount? Corresponding discount = (A + B) (AB / 100) where A = first discount, B = second discount. Corresponding discount = (20 + 10) (20 * 10) / 100.

What is the 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?

Successive discounts of 10%, 20% and 30% is equivalent to a single discount of : – GKToday. Single equivalent discount for successive discounts of 10% and 20%. Single equivalent discount for 28% and 30%. Hence option [C] is correct answer.

How do you calculate 2 discounts?

For example, if the original price was \$50 and we have two discounts: 20% and 10% , then we’re doing something like this: \$50 – 20% = \$50 – \$10 = \$40 . Then \$40 – 10% = \$40 – \$4 = \$36 .

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What is the equivalent single discount of 20 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.

How do you calculate 3 successive discounts?

Detailed Solution

1. Given: Successive discounts = 10%, 15%, and 20%
2. Formula: If x% discount is offered, Final price = (100 – x)/100 × Actual Price. …
3. Calculation: Let the actual price of the article be 100. Price after 1st discount = 90/100 × 100 = 90. …
4. Calculations: 10% = 1/10. …