12222018, 05:07 AM
Successive discount is the discount offered on the discount.
It is similar to compound interest (interest on interest).
A company many offer two trade discount, 20% and 5%.
One customer may be entitled to a 20% discount and another
will get 5%, depending on status (jobber, wholesaler, retailer, etc.), and
a third customer of different status will receive 20% and 5%.
The two discounts cannot be simply added together
(20% + 5% = 25%) is inapplicable.
You have to use the following formula:
X = Price
Y = Discount %
Z = Discount %
Selling Price = X  [Y + Z  (Y*Z / 100)] * X

Procedure:
Price [R/S]
Discount % [R/S]
Discount % [R/S]
Answer display Total Discount% briefly then Selling Price.
***If you have the third discount.***
RCL 3 [R/S]
RCL 1 [R/S]
Discount % [R/S]
Answer display Total Discount% briefly then Selling Price.

Example: FIX 2
If original price is $135 and the trade discount are 20% and 15%
What is the Selling Price.
135 [R/S] display 135.00
20 [R/S] display 20.00
15 [R/S] display briefly 32.00 then 91.80
Answer:
Total Discount Rate is 32%
Selling Price is $91.80

The successive discount on a product in a store is giving as
5%, 10% and 15%. The store price of the product is $1000.
Then calculate overall discount and selling price of the product.
1000 [R/S] display 1000.00
5 [R/S] display 5.00
10 [R/S] display briefly 14.50 then 855.00
Answer for Total Discount % of the first two discount is 14.5% and
Selling Price is $855.00
To add the third discount.
RCL 3 [R/S] display 1000.00
RCL 1 [R/S] display 14.50
15 [R/S] display briefly 27.33 then 726.75
Answer:
All Total of Three discount % is 27.33%
Selling price is $726.75

Program: ALG mode
Program: RPN
Gamo
It is similar to compound interest (interest on interest).
A company many offer two trade discount, 20% and 5%.
One customer may be entitled to a 20% discount and another
will get 5%, depending on status (jobber, wholesaler, retailer, etc.), and
a third customer of different status will receive 20% and 5%.
The two discounts cannot be simply added together
(20% + 5% = 25%) is inapplicable.
You have to use the following formula:
X = Price
Y = Discount %
Z = Discount %
Selling Price = X  [Y + Z  (Y*Z / 100)] * X

Procedure:
Price [R/S]
Discount % [R/S]
Discount % [R/S]
Answer display Total Discount% briefly then Selling Price.
***If you have the third discount.***
RCL 3 [R/S]
RCL 1 [R/S]
Discount % [R/S]
Answer display Total Discount% briefly then Selling Price.

Example: FIX 2
If original price is $135 and the trade discount are 20% and 15%
What is the Selling Price.
135 [R/S] display 135.00
20 [R/S] display 20.00
15 [R/S] display briefly 32.00 then 91.80
Answer:
Total Discount Rate is 32%
Selling Price is $91.80

The successive discount on a product in a store is giving as
5%, 10% and 15%. The store price of the product is $1000.
Then calculate overall discount and selling price of the product.
1000 [R/S] display 1000.00
5 [R/S] display 5.00
10 [R/S] display briefly 14.50 then 855.00
Answer for Total Discount % of the first two discount is 14.5% and
Selling Price is $855.00
To add the third discount.
RCL 3 [R/S] display 1000.00
RCL 1 [R/S] display 14.50
15 [R/S] display briefly 27.33 then 726.75
Answer:
All Total of Three discount % is 27.33%
Selling price is $726.75

Program: ALG mode
Code:
STO 3
R/S
STO 1
R/S
STO 2
(RCL1 + RCL2)  (RCL1 x RCL2 ÷ EEX2) = STO1 PSE PSE
RCL3  (RCL3 x RCL1 %) =
Program: RPN
Code:
STO3
R/S
STO1
R/S
STO2
RCL1
RCL2
+
RCL1
RCL2
x
EEX
2
÷

STO1
PSE
RCL3
RCL3
RCL1
%

Gamo