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Why can't you add the trade discounts together when calculating the net price?
Apart from the fact that often you cannot use multiple discounts at the same time, they are defined multiplicatively, not additively. A 20% discount means that the price is reduced by 20% to 80% of its full price. A 20% discount on top of a 20% discount is 80% of 80% which is 0.8*0.8 of the full price which is 64%.
If a toy store offers an additional 25 percent discount on board games that have already been reduced by 30 percent will the final cost be the same as a discount of 55 percent on the original price?
no because you don't add the percents together
Purchase discounts is the same as trade discounts true or false?
false
Is taking a 40 percent discount the same as taking 20 percent off a price that was already reduced by 20 percent?
No because after you would take 20% of you have a lower number so the next 20% would be lower too. But if you took 40% off the original number would be bigger so the discount would be bigger.
A 5 percent discount of an item and subsequent 3 percent discount is the same overall 8 percent discount?
Not necessarily. It depends on whether the 3% is based on the already discounted price or the original full price: eg original price 100, less 5% = 95. Taking 3% off this is a further 2.85 giving a new nett of 92.15. A straight 8% would leave 92 exactly...
What single discount is equivalent to two successive discounts of 10 percent and 15 percent?
23.5% if the discounts are taken successively, 25 % if the discounts are taken at the same time. The latter is the less usual meaning of this question.
What will be the percent discount on tatal purchase when two items are purchased at 20 percent and 40 percent discount?
It depends on the relationship between the original prices of the items, and which discount went to the more expensive item. If they both had the same list price to begin with, then the total discount is 30 percent. Other than that, you have to know the details.
Where can I find the best discount hotels?
There are many websites that have discounts available. A lot of times if you book a flight through the same place as a hotel you can get additional discounts, www.hotwire.com and www.travelocity.com are two websites.
Is a 10 percent discount followed by a 20 percent discount the same as a 30 percent discount on a regular price of 100.00?
No.In the first case, $100 ==> less 10% ==> $90 ==> less 20% ==> $72In the second case, $100 ==> less 30% ==> $70
Jim wants to buy some new shoes A local shoe shop has a pair for 59.95 with a 10 percent discount Another shop has the same pair for 75.99 with a 25 percent discount?
To compute a 10 percent discount, simply take 90 percent (100 percent minus 10 percent) of the original price. This is .10 x 59.95. Likewise, a 25 percent discount is 75 percent of the original price. So compute .75 x 75.99.
What is trade discounts?
Trade discount is the discount that is deducted from the source and then the actual amount is shown. The trade discounts are not shown in the books of accounts. Only the cash discount is shown in the books of accounts but the trade discount will be deducted from the actual and the net amount will be considered.
Where is it possible to purchase software at discount prices?
Occasionally software manufacturers offer coupons or discounts on their software, so start by checking their websites. Additionally, if you are buying new computer hardware, there may be a discount on software purchased at the same time (ie. buy a motherboard, get discount on Windows). Finally, students or small business owners may be entitled to discounts.
Why can't you add the trade discounts together when calculating the net price?
Apart from the fact that often you cannot use multiple discounts at the same time, they are defined multiplicatively, not additively. A 20% discount means that the price is reduced by 20% to 80% of its full price. A 20% discount on top of a 20% discount is 80% of 80% which is 0.8*0.8 of the full price which is 64%.
If a toy store offers an additional 25 percent discount on board games that have already been reduced by 30 percent will the final cost be the same as a discount of 55 percent on the original price?
no because you don't add the percents together
Can you explain me about successive discount with an example?
discounts are a deduction from the usual cost of something, typically given for prompt or advance payment to a special category of buyers. Deduct an amount from the usual price of something. Discounts are used in our life that we live in as we no it. Multiplication can solve it with the help of the subtraction. Step 1 you change the percentage into a decimal then step 2 you put them in a multiplication sum and from there you then subtract the answer away from the answer that you got from multiplication the number but with interest you do the exact same thing but add the answer from the multiplication
what are digital camera rebates?
Digital camera rebates are rebates for digital cameras. A rebate is the same thing as a discount. You can currently find some discounts on digital cameras at Sears.
Where can you learn about value add discount programs?
There are a number of companies that provide discounts, most of them through merchant affiliate networks (like NextJump, eBates, Retailmenot.com, etc.). But I don't know how much "value" they add since most of them borrow from the same source of these discounts (Commission Junction, LinkShare, Google Affiliates, etc.). The discounts are almost entirely online and range in the 1 to 5 percent range. Companies like Access Development (www.accessdevelopment.com and http://www.access-loyalty-solutions.com/value-add-discount-programs-and-loyalty-cards.php) and Entertainment Publications (www.entertainment.com) focus on adding local in-store value as well as participate in the online affiliate world. Because most of their discounts are not through affiliates, the actual offers tend to range between 10 and 50 percent off. Entertainment is better known than Access, but that may be because Access specializes in private-label discount programs where their name doesn't appear as prominently.
