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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

=$720

2nd Discount

=$720 x 0.95

=$684


A normal discount of 15% will give us a different answer to this.

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Q: What is successive discount?
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Related questions

Is a 15 percent discount the same as 3 successive 5 percent discounts?

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.


What single discount is equivalent to two successive of 11 percent and 8 percent?

18.12%


How single discount is equivalent to two successive discounts of 10 percent and 15 percent?

22.5%


What single discount is equivalent to two successive discounts of 15 percent and 7 percent?

21%


What is the equivalent disscount of two successive discount of 5 percent and 20 percent?

Let X be the original price .05X = first discount new price is X-.05X .20(X-.05X) = 2nd discount new price is X -.05X - .20(X-.05X) new price = X - .05X -.20X + .01X = X - .24X equiv discount = .24 = 24%


What is the cost of a 30 item after successive discounts of 10cents and 20 percent?

When one of the discounts is an absolute discount (10 cents) and the other is relative (20%), it is not posible to give an answer without knowing the starting price.


When was Successive Substitution created?

Successive Substitution was created in 1989.


What is a sentence with successive in it?

Successive farming is helpful to the enviroment.With each successive boyfriend, her choices improve because she learns from her mistakes.


2598 Successive discounts of 20 percent and 15 percent are equal to a single discount of?

Start with 100. 20% off leaves 80, 15% of 80 is 12, leaving 68, an overall reduction of 32%


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.


Which numbers are successive numbers?

Successive numbers follow one another, like 3 follows 2.


Can you give me a sentence using the word successive?

I will be attending sleepovers on three successive weeekends!