How do you find two successive discounts?
How do you find two successive discounts?
- Successive Discount : The formula for total discount in case of successive-discounts : If the first discount is x% and 2nd discount is y% then ,
- Example :
- Solution:
- Total discount = ( x + y – xy / 100 ) %
- Solution :
- Total discount = ( x + y – xy / 100 ) %
- Total discount = ( r + z – rz / 100 ) %
Is 40 or 30 successive discount better?
Answer. Hence, A discount of flat 70% is better than a successive discount of 40 % and 30%.
What is the total discount of two successive 20% and 15% discount?
32%
What is the successive discount of 20% and 50%?
Successive discounts of 10%, 20% and 50% will be equivalent to a single discount of. 36%
What is the single discount equivalent to two successive discounts of 20% and 10%?
Here, we will first assume any number of which will find the two successive discounts. So, we will assume that number to be 100. Thus, successive discounts i.e. 20% and 10% on 100 is 72. Thus, the answer is 28%.
What is the formula for successive discount?
Discount =10% of 1000 = (10/100)*1000 =Rs 100. Selling Price= 1000- 100 = Rs 900. But in exam,you can do it directly in your head.So just thinkmthat 10 percent discount means you’ve to pay 100 percent minus 10 percent=90 percent of the marked price which means, (90/100)* 1000 =Rs. 900.
When calculating the successive discounts of 15 and 10 on a $100 item?
Therefore the option (a) is correct about the successive discounts of 15% and 10% on a $100 item is $76.5 .
What is the exact equivalent discount of three successive?
Successive discounts of 10%, 20% and 30% is equivalent to a single discount of : – GKToday. Single equivalent discount for successive discounts of 10% and 20%. Single equivalent discount for 28% and 30%. Hence option [C] is correct answer.
What is successive percentage change?
What is Successive Percentage Change? The concept of successive percentage change deals with two or more percentage changes applied to quantity consecutively. In this case, the final change is not the simple addition of the two percentage changes (as the base changes after the first change).
How do you calculate successive percentage?
Let the successive increase in percentages be a% and b%. Lets try an example. If the increase is 10% and 20 %, the successive increase will be (10 + 20 + 20 * 10/100) = 32 %. If there’s an increase and a decrease, in that case, the decrease will be considered a negative value.
How do you find net percentage change?
The net change percentage is the percent a stock has changed in its net value. It’s calculated using the following formula: percent increase = increase divided by original number multiplied by 100.
Can you have a repeating percent?
Round your repeating decimal to the nearest place value of your choice. For example, if your repeating decimal is . Multiply your rounded decimal by 100 to get a percent.
Do bank accounts pay interest monthly?
With most savings accounts and money market accounts, you’ll earn interest every day, but interest is typically paid to the account monthly. However, CDs usually pay you at the end of the specific term. If you aren’t sure of when your account earns interest, it may be time to call your bank.
How can I get monthly income?
Best investment options to get a monthly income
- NBFC Fixed Deposit:
- Post Office Monthly Income Scheme:
- Senior Citizen Savings Scheme:
- Long-term Government Bond:
- Equity Share Dividend:
- Annuity:
- Mutual Fund Monthly Income Plan:
Which is better MIS or FD?
The cash flow earnings from a MIS can vary over time as the earnings vary with market fluctuations. So if you are looking to get surety in terms of interest, an FD is right for you; if you are open to ups and downs in the money you make, choose MIS.
Can I break MIS in post office?
Premature withdrawal /closure of POMIS account before maturity period (5 years) is allowed subject to following terms and conditions: In case of premature withdrawal between 1 to 3 years of account opening, a 2% discount on deposit is applicable.
Which is the best MIS scheme?
6 Best Monthly Income Schemes In India
- Fixed Deposit. Undoubtedly one of the best and most low-risk income schemes is a bank Fixed Deposit (FD).
- Post Office Monthly Income Scheme (POMIS)
- Long-term Government Bond.
- Corporate Deposits.
- SWP from Mutual Funds.
- Senior Citizen Saving Scheme.
What is the maximum limit of MIS in post office?
5. Comparing Post Office MIS with other Monthly Income Plans
| POMIS | Monthly Income Mutual Fund | Monthly Income Insurance |
|---|---|---|
| Limit of Rs. 4.5 lakhs per account and Rs. 9 lakhs for a shared account | No investment limit | No investment limit |
Which is best monthly income plan?
Best Monthly Income Schemes for 2020
| Monthly Income Plans | Entry Age (Minimum to Maximum) | Premium Paying Term |
|---|---|---|
| Aditya Birla Sun Life Insurance Monthly Income Plan | 18 years to 55 years | 10 / 12 years |
| Aviva Income Suraksha | 18 years to 48 years | 10 or 12 years |
| Bajaj Allianz Life Income Assure | 0 year to 50 years | 5,7,10 and 12 years |
How much do I need to invest 3000 a month?
In order to get $3,000 a month, you would potentially need to invest around $108,000 in a revenue-generating online business. A growing online business is likely to give you more than $3,000 a month.
How much should I invest to get 50000 per month?
So, the amount you need to invest now is around ₹67 lakhs in a lump sum in top 3 debt funds for getting a monthly salary of ₹50,000 over next 10 years.