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    Question

    If two successive discounts of 20% and 12% are applied,

    what would be the equivalent single discount?
    A 30% Correct Answer Incorrect Answer
    B 28.6% Correct Answer Incorrect Answer
    C 29.6% Correct Answer Incorrect Answer
    D 24% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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