Successive Discount
Successive Discount
Successive discount: Successive discount is the discount offered on the discount. It is similar to compound interest (interest on interest).
Illustration: In a store the successive discounts offered on a bag are 10% and 20%. The store price of the bag is Rs 570. Then calculate the selling price of the bag.
Solution: Successive discounts offered on the bag = 10% and 20%
Both percentage changes are positive:
Total discount offered on the bag
Discount = 28% of Rs 570
Selling price = store price – discount
= Rs 570 - Rs 159.6
= Rs 410.4
Successive discounts of 10%, 20% and 30% is equivalent to a single discount of : | |||
| Right Option : C | |||
| View Explanation | |||
A number is first increased by 10% and then it is further increased by 20%. The original number is increased altogether by: | |||
| Right Option : A | |||
| View Explanation | |||
The successive discounts on a product in a store is given as 5%, 10% and 15%. The store price of the product is Rs. 1000. Then calculate selling price of the product. | |||
| Right Option : A | |||
| View Explanation | |||
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My experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
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8thIt was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
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