Question

There are fifty successive percentage discounts given in a series 2% 4% 6% 8% and so on what is the net discount

Answer 1

Step-by-step explanation:

Given There are fifty successive percentage discounts given in a series 2% 4% 6% 8% and so on what is the net discount

• Given there are successive percentage discount in a series like 2% 4% and so on. We need to find the net discount.
• Let the marked price be Rs 100
• Therefore cost price after first discount will be Rs 100 – 2 = Rs 98
• Now cost price after second discount will be  
• So for Rs 100 discount is Rs 4
• So for Rs 98 discount will be 98 x 4 / 100 = Rs 3.92
• So 98 – 3.92 = Rs 94.08
• So after adding we get the net discount, but discount cannot be more than 100.

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