Question

Find the single discount equivalent to two successive discount of 8% and 5%

Answer 1

Answer:

14.6%

Step-by-step explanation:

Let cost of the article be Rs.100

Value of the article after first discount of 8%=100−1008×100=Rs.92

If second discount is 5%, then discount amount =92−1005×92=Rs.85.4

Final value of the article =Rs.85.4

Net discount amount =100−85.4=14.6%

Net discount =14.6%