Find a equivalent to successive di Which is better: a successive discount of 40% and 20% or a discount of flat 50%
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Step-by-step explanation:
Let the marked price of an article be Rs. 100
Then first discount on it =Rs. 20
Price after discount =Rs. (100-20)=Rs. 80
Second discount on it =10% of Rs. 80
Rs.(80×10010)=Rs.8
Price after second discount =Rs. (80-8)=Rs. 72
Net selling price =Rs. 72
Single discount equivalent to given successive discounts =(100-72)%=28%
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