Using complements (with respect to 1) of the single discounts, find the net cost equivalent for the discount 25/10.

Question

Beard

Business

3 July, 10:23

Using complements (with respect to 1) of the single discounts, find the net cost equivalent for the discount 25/10.

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Kaia Mccormick · Answer 1

The net cost equivalent for the discount 25/10 is 0.675.

Explanation:

Net cost equivalent is the total amount in percentage that should be paid by customer after deducting the discount amount from the list price. TDS is the short form fro tax deducted source. The process for calculation of TDS is: Here the discount is given as: 25/10 so, Calculate (1-0.25) is equals to 0.75. And (1-0.10) is equals to 0.90. Using the formula as TDS : (1-0.25) * (1-0.10) We get TDS as 0.675.