# Formulas For Successive Discounts

## Successive Discounts Formulas & Definitions

• Successive discount is discount on discount.
Case 1: If there are two discounts:

The formula for total discount in case of successive-discounts:
If the first discount is x% and 2nd discount is y% then,
Total discount = ( x + y – xy /100)%

Case 2: If there are three discounts:
If there are three discounts as x%, y% and z% then find the total discount of x % and y% first and using it find the total discount with z%

• Marked price is the price marked on the product. It is the same price on which you get discounts.
• They revolve around Profit & Loss, Selling Price & Marked Price. ## Formulas for Successive Discounts

• Single discount, which is equal to two successive discounts m % and n % is calculated as

M + N – MN/100

• When the SP of x articles is equal to CP of y articles, then earned profit in percentage is calculated as

Profit percent = 100× difference in x and y/x

• Discount = D% of marked price, M
• Discount = Marked Price – Selling Price
• M (1-D%) = Selling Price
• Selling Price = Cost Price + Gain