A successive discount is a combination of many discounts. For example, discounting an $800 TV by 10%, leaving us with $720, and then discounting this by 5%, leaving us with $684.Working out:1st Discount= 800 x 0.9=$7202nd Discount=$720 x 0.95=$684A normal discount of 15% will give us a different answer to this.
No, because successive discounts are taken on the discounted price after the first of the successive discounts. Therefore, 3 successive 5 % discounts will total to a smaller discount than one 15 % discount.
18.12%
21%
22.5%
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Multiples result when a number is multiplied by successive counting numbers.
The girl was arrested for making a dozen successive prank calls to the police station.Successive means one after another, in a chronological order.
quantity discount and trade discount are the same thing. it is used when the dealer wants to sell in bulk. while cash discount is given when he wants prompt payment.
The word successive means following consecutively. An example of this would be; "The dog ate the first hot dog he was given and every hot dog after successively".
Single trade discount versus discount series what kind of example for one or the other
A trade discount is a discount that a manufacturer or wholesaler makes to the retail price of a product when selling to a reseller. A cash discount is a reduction made to the invoice if the buyer pays the invoice prior to a set date.