successive discount of 10% 20% and 50 %
will be a equivalent to a single discount of _
pls anybody ans this question
Answers
Topic
Profit and Loss
Given
Successive discount of 10%, 20% and 50% is given on an object.
To Find
Equivalent discount.
Formula to be Used
Cost price after discount is
Cost = Original Price - Discount Price
Solution
Let the price of object be 'x'.
So,
Cost of object after discount of 10% will be
x - 10x/100 = 9x/10
Now,
Cost of object after discount of 20% will be
9x/10 - 20(9x)/ 1000 = 36x/50 = 18x/25
Now,
Cost of object after discount of 50% will be
18x/25 - 50(18x)/2500 = 9x/25
So, the price of object after successive discount is 9x/25 = 0.36x.
It means total discount provided is
x - 0.36x = 0.64x
that means total 64% discount was given.
So,
When single discount will be provided then it will be equivalent to 64%.
Answer
Equivalent Discount of successive discount is 64%.
Note :- After every subsequent discount, we will take Cost after discount in place of Original Price in Formula.