(12C Platinum) Successive Discounts

12222018, 05:07 AM
(This post was last modified: 12222018 05:16 AM by Gamo.)
Post: #1




(12C Platinum) Successive Discounts
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 Code:
Program: RPN Code:
Gamo 

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Messages In This Thread 
(12C Platinum) Successive Discounts  Gamo  12222018 05:07 AM
RE: (12C Platinum) Successive Discounts  Dieter  12222018, 09:07 AM
RE: (12C Platinum) Successive Discounts  Werner  12232018, 09:11 AM
RE: (12C Platinum) Successive Discounts  Dieter  12232018, 09:33 AM
RE: (12C Platinum) Successive Discounts  Gamo  12232018, 03:05 PM
RE: (12C Platinum) Successive Discounts  SlideRule  12232018, 03:13 PM
RE: (12C Platinum) Successive Discounts  Dieter  12232018, 06:16 PM
RE: (12C Platinum) Successive Discounts  SlideRule  12232018, 07:45 PM
RE: (12C Platinum) Successive Discounts  Gamo  12242018, 06:32 AM
RE: (12C Platinum) Successive Discounts  Thomas Klemm  12242018, 11:25 AM
RE: (12C Platinum) Successive Discounts  Albert Chan  12242018, 12:52 PM

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