Discussion Forum : True Discount
Question -
The difference between a discount of 40% on Rs.500 and two successive discounts of 36% and 4% on the same amount is
Answer: Option A
Answer: (a)Using Rule 5,Single equivalent discount of two successive discounts of 36% and 4%= 36 + 4 - ${36 × 4}/100$= 40 - 1.44 = 38.56Percentage difference= 40 - 38.56 = 1.44Required difference= 500 × ${1.44}/100$ = Rs.7.20
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Answer: (a)Using Rule 5,Single equivalent discount of two successive discounts of 36% and 4%= 36 + 4 - ${36 × 4}/100$= 40 - 1.44 = 38.56Percentage difference= 40 - 38.56 = 1.44Required difference= 500 × ${1.44}/100$ = Rs.7.20
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