Question

find a single discount equivalent to three successive discount of 20% , 5% and 1%.
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Answer 1

Answer:

24.76\%

Step-by-step explanation:

Let the Marked Price be 100.

First discount =20\%of 100=20

Price after first discount =80

Second discount t=5\%of 80=4

Price after second count = 76

Third discount =1\%of 76=0.76

Price after third discount =75.24

Hence, single discount =100-75.24= 6\%