A shopkeeper gives two successive discounts of 10% and 20%. What is the equivalent single discount?
A28%
B30%
C32%
D35%
Explanation
Equivalent discount = x + y – (xy/100) = 10 + 20 – (10*20/100) = 30 – 2 = 28%.
Exam Relevance
- Topic: Profit and Loss
- Subtopic: Successive Discounts
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