How do you calculate effective discount?
effective discount rate is (1-d/m)m. What happens has m goes to infinity? You can do the same thing for discount rate. effective discount rate is (1-d/m)m.
What is the effective discount on two successive discounts of 20% and 25 %?
The successive discount are 20% and 25%. ∴ The single equivalent discount is 40%.
What is the effective discount on two successive discount 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%.
How do I calculate a discount rate in Excel?
If you know the original price and the discounted price, you can calculate the percentage discount.
- First, divide the discounted price by the original price. …
- Subtract this result from 1. …
- On the Home tab, in the Number group, click the percentage symbol to apply a Percentage format.
What is the total discount of two successive 20% and 15% discount?
Answer: ans: 32% see the explanation in the above image.
How do you calculate 3 successive discount?
100 be the price. Here, x = 6%, y = 10% and z = 15%. To get the require discount, we need to subtract 71.91 from 100, i.e. 100 – 71.91 = 28.09. Therefore, 3 successive discounts of 6%, 10%, 15% is equal to a single discount of 28.09%.
What is the effective discount on a product that was initially given a discount of 20% and yet another discount for 30%?
Hence, the net discount is 44 percent(%).
What is the difference between effective rate of interest and effective rate of discount?
The annual effective discount rate expresses the amount of interest paid or earned as a percentage of the balance at the end of the annual period. This is in contrast to the effective rate of interest, which expresses the amount of interest as a percentage of the balance at the start of the period.
What is the exact equivalent discount of three successive discount of 10% 15% and 20% by sale of an article?
Detailed Solution. Calculation: Let the actual price of the article be 100. ∴ The discount% is 38.8%.
What is the net discount for the successive discount of 35% and 40%?
Detailed Solution. ∴ Net discount is 61%.
How do you calculate discount rate for NPV in Excel?
How to Use the NPV Formula in Excel
- =NPV(discount rate, series of cash flow)
- Step 1: Set a discount rate in a cell.
- Step 2: Establish a series of cash flows (must be in consecutive cells).
- Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.