Question

If 20% discount on market price and then another 5% discount on new price is given then the overall discount is....

Answer 1

Let market price = 100

20% discount is given on market price.
20% of 100 = 100 × 20/100 = 20
Price after discount = 100-20 = 80

5% discount is given on new price
5% of 80 = 80 × 5/100 = 4
price after discount = 80-4 = 76

So final price = 76
initial price = 100
discount amount = 100 -76 = 24

discount percentage = 24/100 × 100 =24%

Thus overall discount is 24%