Applied to a bill for Rs. 1,00,000, the difference between a discount of 40% and two successive discounts of 36% and 4% is:
Rs. 1440
S.P in 1st case = 60% of Rs.100000=Rs.60000.
S.P in 2ndcase=96% of 64%of Rs.100000
=Rs.(96100×64100×100000)=Rs.61440.
∴Difference = Rs. (61440-60000)=Rs.1440