The single discount equivalent to two successive discount of 20% and 5% is = ?
A. 24%
B. 25%
C. 22%
D. 23%
Answer: Option A
Solution (By Examveda Team)
Two successive discount is equivalent$$\eqalign{ & = 20 + 5 - \frac{{20 \times 5}}{{100}} \cr & = {\text{ }}25 - 1 \cr & = {\text{ }}24\% {\text{ }} \cr} $$
This Question Belongs to Arithmetic Ability >> True Discount
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