Neelima went to shop to buy a dress marked price of the dress is 1000 shop owner gave a discount of 20% and then 5%. find the single discount equivalent to these two successive discounts?
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MP₁ = 1000
D₁ = 1000 x 20 / 100 = 200
MP₂ = 1000-200 = 800
D₂ = 800 x 5 / 100 = 40
SP = 800 - 40 = 760
Single Equivalent Discount
= (1000-760) / 1000 x 100%
= 24% Discount
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