an article is listed 900 and two sucessive discounts of 8% are given on it how much the seller gain or loose if he would give a single discount of 16% .
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single discount=-8-8+(8x8)/loo=15.36%
900x15.36 /loo=138.24(succ. disc)
900x16/loo=135(single disc)
He will loose138.24-135=Rs. 3.24
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