Profit-and-Loss
Question 1 |
What is the exact equivalent discount of three successive discounts of 10%, 15% and 20% by sale of an article?
35.8% | |
38.5% | |
35.5% | |
38.8%
|
Question 1 Explanation:
Single equivalent discount for successive discounts of 10% and 15%.
= (10+15- (15*10)/100)%
= 23.5%
Single equivalent discount for 23.5% and 20%
=(23.5+20-(23.5*20)/100)%
=38.8%
= (10+15- (15*10)/100)%
= 23.5%
Single equivalent discount for 23.5% and 20%
=(23.5+20-(23.5*20)/100)%
=38.8%