Question

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%?​

Answer 1

Step-by-step explanation:

successive discounts =(1-d1)*(1-d2)×3000

= (1- 0.1)(1-0.05)×3000

= 0.9×0.95 ×3000 = 2565rs

14% discount = 3000(1-14%)

= 3000×(1-.14) = 3000× .86= 2580

2565 < 2580

successive discounts is beneficial as it is less than 14% discount