Two discount of 8% and 12% are equal to a single discount of:

A. 20%

B. 19.04%

C. 22.96%

D. 22%

Answer: Option B

Solution(By Examveda Team)

After first discount,
100 ---- 8%↓ ----> 92
After second discount,
92 ---- 12%↓ ----> 80.96
Single discount = 100 - 80.96 = 19.04%