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    Kellyj13's Avatar
    Kellyj13 Posts: 1, Reputation: 1
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    #1

    Dec 6, 2010, 01:54 AM
    What is the difference between single trade discount versus discount series
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
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    #2

    Dec 6, 2010, 06:38 AM

    A single trade discount is one discount offered, such as 30%.

    A discount series will be a number of discounts offered in a chain. It is shown by slashes - such as 15/10/5.

    You'll notice that the 15/10/5 numbers add to 30%, but it's not the same as a 30% discount. I'll show you how to compute it, and I think that will make it clear.

    $100 item at 30% off means you save $30 - it costs $70.

    $100 item at 15/10/5. First take 15% off the $100 = $85. Then take 10% off the $85 = $76.50. Then take 5% off the $76.50 = $72.68 (rounded).

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