Find a single discount equivalent to the succesive discounts of 20% and 5%? In detail and the reason behind it also.
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Answer:
Let the marked price =Rs100
After a discount of 20%, the price = 100−20% of100 = 100−
100
20
×100 = 100−20=80
After a further discount of 5%, price = 80−5% of80 = 80−
100
5
×80 = 80−4 = Rs76
Final Selling = Rs76
Total Discount = 100−76=Rs24
Thus, discount % =
100
24
×100 = 24%
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