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 single discount?
of the first discount. In this case, the first discount of 10% reduces the price of 100 to 90. The second discount of 15% will be on the amount of 90, which is. Therefore, the successive discounts add up to = 23.5%(Option D) as a single discount.
What is the formula for discount?
The basic way to calculate a discount is to multiply the original price by the decimal form of the given percentage rate. To calculate the sale price of any item, we need to subtract the discount from the original price.
What is a single discount equivalent to a discount series of 10% and 20 %?
∴ Single discount =100−72=28%
What is the markup formula?
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
What is the formula for profit?
The formula to calculate profit is: Total Revenue – Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned.
What is single equivalent rate?
Single discount equivalent: the complement of the net decimal equivalent. It is the decimal equivalent of a single discount rate that is equal to the series of discount rates. Total amount of a series of discounts = single discount equivalent x list price.
Which is a better option a single discount of 40%?
Single discount of 40% is better option.
So, Single discount becomes, Hence, Single discount of 40% is better option.
What is the single discount equivalent to two successive discounts of 8% and 15%?
Thus, the answer is 28%. Option (a) is the correct answer.
What is percentage formula?
Percentage can be calculated by dividing the value by the total value, and then multiplying the result by 100. The formula used to calculate percentage is: (value/total value)×100%.
How do I get a 10% discount?
How do I calculate a 10% discount?
- Take the original price.
- Divide the original price by 100 and times it by 10.
- Alternatively, move the decimal one place to the left.
- Minus this new number from the original one.
- This will give you the discounted value.
- Spend the money you’ve saved!
What is the single discount equivalent of successive discounts of 25% 20 and 10 %?
A single discount equivalent to three successive discounts of 20%, 25% and 10% is a) 55% b) 50% .. A single discount equivalent to three successive discounts of 20%, 25% and 10% is a) 55% b) 50% .. 10% of 60 gives 54. therefore 100 -54=46.
How do you calculate a triple discount?
Take the original price and subtract the original price times the 1st discount. Take the price from step 2 and subtract the price from step 2 times the 2nd discount. Calculate the final price. Take the price from step 3 and subtract the price from step 3 times the 3rd discount.