Which is more favourable to a buyer and by how much rs3,000 with 14% discount or the same amountwith two successive discounts of 10% and 5%?
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this is example
Step-by-step
SP at 20% discount will be
80% of rs 800
=80/100 x 800
=640 rs
SP at two successive discounts will be
90% of (88% of 800)
=90/100(88/100 x 800)
=3168/5
=633.6
Therefore selling the item at 20% discount will be more profitable for the seller
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