Question
If two successive discounts of 20% and 12% are applied,
what would be the equivalent single discount?Solution
Let the marked price of the article be Rs. 100a. Selling price after 1st discount = 100a X 0.8 = Rs. 80a Selling price after 2nd discount = 80a X 0.88 = Rs. 70.4a Therefore, required percentage = {(100a - 70.4a) /100a} X 100 = 29.6%
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