Question

successive discount of 8%and 7% is equivalent to a single discount of 15%​

Answer 1

Answer:

False

Step-by-step explanation:

This is false as can be proven by taking an example

Consider a chair - initial MRP = 1000 rs

Case 1 : 8% then 7%

1000 rs - 8%(80 rs) = 920 rs

920 rs - 7% of 920 rs (64.4 rs) = final cost = 856.6 rs

Case 2: 15%

1000 rs - 15% of 1000 (150) = 850 rs

Therefore, the statement is false.