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This question belongs to Arithmetic Ability True Discount
True Discount
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The single discount equivalent to two successive discount of 20% and 5% is = ?

Answer & Solution
Correct Answer: Option A
Two successive discount is equivalent
$$\eqalign{ & = 20 + 5 - \frac{{20 \times 5}}{{100}} \cr & = {\text{ }}25 - 1 \cr & = {\text{ }}24\% {\text{ }} \cr} $$
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