A mill shop first gives a commission of 20% on second grade cloth and then further gives a commission of 15% on a share holder’s coupon. The total commission on shareholder’s coupon will be
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Answer:
32%
Step-by-step explanation:
let us assume the initial selling price is Rs.100(for easy understanding)
he given a discount of 20% so the cost will be = 100-20%(100)=80.
now Rs.80 will be selling price
he gives again a commission coupon of 15% on S.P. = 15%(80) i.e 12
now the sp is 68.
so the total discount he got is 100-68 = 32%.
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