Discount


  1. Two successive discounts of 20% and 20% are equivalent to a single discount of









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    Given, r1 = 20% and r2 = 20%
    ∴ Single discount equal to r1 and r2
    = (r1 + r2 - r1 x r2) / 100 %

    Correct Option: C

    Given, r1 = 20% and r2 = 20%
    ∴ Single discount equal to r1 and r2
    = (r1 + r2 - r1 x r2) / 100 %
    = (20 + 20 - 20 x 20) / 100
    = 40 - 4 = 36%


  1. If the successive discounts be 20 %, 10 % and 5 %, then the single equivalent rate of discount is :









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    As we know that ,

    Equivalent single discount = D1 + D2
    D1 × D2
    %
    100

    Single equivalent discount for 20% and 10%
    = 20 + 10 −
    20 × 10
    %
    100

    = (30 – 2)% = 28%
    Calculate the Single equivalent discount for 28% and 5% further.

    Correct Option: A

    As we know that ,

    Equivalent single discount = D1 + D2
    D1 × D2
    %
    100

    Single equivalent discount for 20% and 10%
    = 20 + 10 −
    20 × 10
    %
    100

    = (30 – 2)% = 28%
    Single equivalent discount for 28% and 5%
    = 28 + 5 −
    28 × 5
    %
    100

    = 33 −
    140
    = 31.6%
    100



  1. An item is offered for sale at Rs. 250, less by successive discounts of 20 % and 15 %, The sale price of the item is :









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    Single equivalent discount

    = x + y −
    xy
    %
    100

    = 20 + 15 −
    20 × 15
    = 32%
    100

    Correct Option: C

    Single equivalent discount

    = x + y −
    xy
    %
    100

    = 20 + 15 −
    20 × 15
    = 32%
    100

    ∴  Required S.P. = (100 – 32)% of 250
    ∴  Required S.P. = 68% of 250


  1. A discount series of 15%, 20% and 25% is equal to the single discount of









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    Single equivalent discount for 15% and 20%

    = 20 + 15 −
    20 × 15
    %
    100

    = (35 – 3)% = 32%
    Calculate the Single equivalent discount for 32% and 25%.

    Correct Option: B

    Single equivalent discount for 15% and 20%

    = 20 + 15 −
    20 × 15
    %
    100

    = (35 – 3)% = 32%
    Single equivalent discount for 32% and 25%
    = 32 + 25 −
    32 × 25
    %
    100

    = (57 – 8) = 49%



  1. Successive discounts of 20% and 10% are given on an item marked at Rs. 700. Find the selling price.









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    Required selling price = Rs. 700 ×
    80
    ×
    90
    100100

    Correct Option: A

    Required selling price = Rs. 700 ×
    80
    ×
    90
    100100

    Required selling price = Rs. 504