What is the equivalent single rate of discount that was allowed?

The single equivalent discount is a single trade discount that equates to all the discounts in a series or chain. Equivalent Discount = (A + B) – (AB/100) where A = First Discount, B =Second Discount. Equivalent Discount = (20 + 10) – (20*10)/100.

What is a single discount equivalent to a discount series of 10% and 20 %?

∴ Single discount =100−72=28%

What is a single discount equivalent to a discount series of 20% and 20%?

Description for Correct answer: Single equivalent discount for 20% and 20% = 20+20−20×20100. = 40 – 4 = 36%

What is single discount?

Difference Between Single Trade Discounts and Discount Series. … In the single discount formula, the calculation is pretty straightforward. For example, if the discount offered is 35 percent and the total value of the goods sold are $100,000, the single discount formula would be: $100,000 x 35 percent = $35,000 discount.

What is the single discount equivalent of successive discounts of 25% 20 and 10 %?

A singal discount equivalent to the successive discounts of 10%, 20% and 25% is – GKToday. Hence option [A] is the right answer.

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How trade discount is calculated?

If the discount is a percentage, you calculate the trade discount by converting the percentage to a decimal and multiplying that decimal by the listed price. If the reseller is purchasing $1,000 worth of items at a 30-percent discount, the trade discount would be 1,000 x 0.3, which equals $300.

How do you find the original price of a discounted item?

To calculate the original price of a discounted or sale item, you need to know the sale price and the discount percentage. The calculations include a simple formula that divides the sale price by the result of 1 minus the discount in percentage form. Use this formula to calculate the original or list price of an item.

How do you calculate actual price after discount?

To find the actual discount, multiply the discount rate by the original amount ‘x’.



Solution

  1. Let the original price be = x. Discount rate = 10%
  2. Discount = 10% of x = 0.10 × x = 0.1x. Sale price = Original price − Discount = x − 0.1x = 0.9x.
  3. Sale price = $558 = 0.9x. Solving for x. x = 5580.9= $620. So, original price = $620.

What is a single discount equivalent to a discount series of 40 and 20?

After 40% discount is 60. 20% discount on 60 is 12 , so results in 60–12 = 48. So a single discount would have to be 52%.

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