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Successive discount of 10% and 30% are equivalent to a single discount of :

Question

Successive discount of 10% and 30% are equivalent to a single discount of :

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Solution

To find the equivalent single discount for successive discounts of 10% and 30%, follow these steps:

  1. Let's assume the original price of an item is $100.

  2. The first discount of 10% on 100wouldreducethepriceto100 would reduce the price to 90. (Because 10% of 100is100 is 10, and 100100 - 10 = $90)

  3. The second discount of 30% would be applied to the reduced price of 90.3090. 30% of 90 is 27.(Because30/10090=27. (Because 30/100 * 90 = 27)

  4. So, the price after the second discount would be 63.(Because63. (Because 90 - 27=27 = 63)

  5. Now, to find the equivalent single discount, we calculate the total reduction from the original price. The original price was 100andthefinalpriceis100 and the final price is 63. So, the reduction is 37.(Because37. (Because 100 - 63=63 = 37)

  6. To express this reduction as a percentage of the original price, we divide the reduction by the original price and multiply by 100. So, the equivalent single discount is 37%. (Because 37/100 * 100 = 37%)

So, successive discounts of 10% and 30% are equivalent to a single discount of 37%.

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