Successive discounts practice

Two discounts do not simply add together. The second discount acts on an already reduced price.

Lesson 61 of 72 · 3 exercises

Practise Successive discounts

What you will practise

Multiply the retained portions, such as 0.9 and 0.8. The combined discount is one minus that product, rather than the sum of both rates.

price * (1-discount1) * (1-discount2)

The syntax above is a guide. Read the data and each task to choose the right arguments for your formula.

3 exercises in this lesson

  1. Exercise 1 · answer in E10

    Calculate the final price of item A after discounts D8 and E8 apply successively.

  2. Exercise 2 · answer in E10

    Calculate the effective combined discount rate from D8 and E8.

  3. Exercise 3 · answer in E10

    Calculate the total discount amount on item A after both successive discounts.

Before you check your answer

  • Keep the source data intact. Write your answer in the highlighted result cell. Changing a source value changes the question instead of solving it.
  • Use the requested cells. Check the first and last row of a range and read its column heading. A plausible total can still come from the wrong data.
  • Reference values that can change. A fixed number may match today's sheet. A cell reference keeps the formula connected when the source values change.

How the answer is checked

The workbook evaluates your formula against the requested result. It also checks the skill being practised and tests the formula with changed source data, so a fixed answer that happens to match is not enough.

Use progressive hints when you need help, then try the task again with fresh data. Correctly solving a step opens the next exercise.