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Successive Discounts |
Question Find the selling price of a saree
after two successive discounts of 20 % .If the price of that saree is
Rs800
Conventional Method 800
x 20 =
160
800- 160 = 640
100
640 x 20 =
128
640 -128 = 512
100
Total discount is 800 -512 = Rs288
Effective Discount
is
= 288 x 100
800
= 36 %
You can calculate it mentally .How ?
Step1 Here first we calculate effective
discount . Add both discounts Let it is A
Step2 Multiply both discount and divide by 100
.Let it be B
Step3 Subtract B from A
.That is our effective discount
( 20 + 20 ) - ( 20 x 20
)
100
40 - 4 = 36 %
Now find 36%of Rs 800
= 320 - 32 =288 How? For fast percentage calculations see Lesson no 19 &20
Selling price 800 - 288 = Rs 512
Question If a trader gives 20 % retailer margin and 3 % cash discount , find the total effective discount?
20 + 3 - 20 x 3
100
23 - .6 = 22. 4 %