Course / Category - Bank PO Prelims

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Banking And Insurance

Bank PO Prelims

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Banking And Insurance

Bank PO Prelims

Self Learning

₹6800 ₹2000 +
Taxes

Join Now Syllabus

Self Learning

Available

(Click here to know About SELF LEARNING)

MOCK TESTS

(Click here to attempt Free Mock Test)

Concepts Learning Progress

Available

Test Generator

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Course Progess

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SUBJECTS

Maths, English, Verbal Reasoning, Non Verbal Reasoning, Computers, Banking, Critical Reasoning, Verbal Ability, Vedic Maths

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Maths / Comparing Quantities / Successive Discount

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Successive Discount

Successive discount: Successive discount is the discount offered on the discount. It is similar to compound interest (interest on interest).

Illustration: In a store the successive discounts offered on a bag are 10% and 20%. The store price of the bag is Rs 570. Then calculate the selling price of the bag.

Solution: Successive discounts offered on the bag = 10% and 20%

Both percentage changes are positive: $x; and; y ;are; negative; and ;net; decrease =-x-y+frac{xy}{100};%$

Total discount offered on the bag

$=-10 - 20 + frac{10 times 20}{100}%$

$=-30 + frac{200}{100}%$

$=-30+2=-28%$

Discount = 28% of Rs 570

$=frac{28}{100}; times ;570= Rs;159.6$

Selling price = store price – discount

= Rs 570 - Rs 159.6

= Rs 410.4

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Available Online Courses for selected Class / Category

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₹6800 ₹2000 + Taxes

Successive Discount

₹6800 ₹2000 +
Taxes