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Cash Discount & Trade Discount

What are the ...

Question

What are the two types of discounts?

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Solution

The two types of discounts are trade discounts and cash discounts.

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Q. Two shopkeepers sell a radio of similar brand and type at the same list price of Rs.

1000

. The first allows two successive discounts of

20 %

10 %

and the second allows two successive discounts

15 %

15 %

. Find the difference in the discounts offered by the two shopkeepers

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