Three successive discounts on the Marked price of an article turns out to be equivalent to a single discount of 19%. If the rates of the first and second discounts are 10% and 4% respectively, what is the rate of 3rd discount?
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Answer:
the successive discount decrease marked price distress
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The rate of 3 rd discount is 6.25%.
Step-by-step explanation:
Since we have given that
Single discount = 19%
Successive discounts are 10%, 4% and x%.
So, when we change it into single discount becomes,
So, now, it becomes,
Hence, the rate of 3 rd discount is 6.25%.
# learn more:
Purchase goods of rupees 900000 at 10 % trade discount and 10% cash discounts from Rakesh and 1/3rd amount received by cheque
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