Practicing Success
A single discount equivalent to four successive discount of 6%, 9%, 15% and 20% is (approx): |
40% 41.8% 45% 47.3% |
41.8% |
6% = \(\frac{3}{50}\) 9% = \(\frac{9}{100}\) 15% = \(\frac{3}{20}\) 20% = \(\frac{1}{5}\) Single discount equivalent = \(\frac{47}{50}\) × \(\frac{ 91 }{100}\) × \(\frac{17}{20}\) × \(\frac{4}{5}\) Single discount equivalent = \(\frac{290836}{500000}\) Single discount equivalent = \(\frac{209164 × 100}{500000}\) = 41.8% |