Represent three successive discounts of 10%,(25/3)% and (20/3)% by a single discount percentage.
Answers
Answer:
Given:
The successive discounts are 8%, 15% and 12%.
Concept used:
Using the concept of percentage.
Calculation:
Let the initial value be 100.
Discounted value = (100 – 8)% of (100 – 15)% of (100 – 12)% of 100
⇒ Discounted value = 92% of 85% of 88% of 100
⇒ Discounted value = 92/100 × 85/100 × 88/100 × 100
⇒ Discounted value = 68.816
Equivalent discount = (100 – Discounted value)/Initial value × 100
⇒ Equivalent discount = (100 – 68.816)/100 × 100
⇒ Equivalent discount = 31.184%
∴ A single discount equivalent to three successive discounts is 31.184%.
Let assume that marked price of an article be Rs 100.
According to statement, three successive discounts of 10%, % and % is given on article.
We know,
Selling Price of an article if successive discounts of x %, y % and z % is applicable on marked price is given by
So, on substituting the values, we get
So,
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