Examveda
Examveda

Two successive discount of 10% and 20% are equivalent to a single discount of:

A. 30%

B. 28%

C. 26%

D. 25%

Answer: Option B

Solution(By Examveda Team)

Use Formula,
Equivalent Discount = (A + B) - $$\frac{{{\text{AB}}}}{{100}}$$ where A = First Discount, B =Second Discount.
Equivalent Discount = (20 + 10) - $$\frac{{20 \times 10}}{{100}}$$
Equivalent Discount = 30 - 2 = 28%

Graphic Change Method
100 == 20%(disc.) ⇒ 80 == 10%(disc.) ⇒ 72
Equivalent discount = 28%

Join The Discussion

Related Questions on Profit and Loss