Successive discounts of 30% and 20% is equivalent to a single discount of
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Answer:
Single discount = 44%
Step-by-step explanation:
Let marked price of article be "x"
Now,
Selling Price after discount of a% on MP = MP - a% of MP
Hence:
On applying discount of 30%,
SP = x - 30% of x
= x - 0.30*x
= 0.70*x
On applying successive discount of 20%,
SP = 0.70*x - (20% of 0.70*x)
= 0.70*x - (0.20*0.70*x)
= (1 - 0.20)*0.70*x
= 0.80*0.70*x
= 0.56*x
= x - 0.44*x
= (1 - 0.44)*x
= x - 0.44*x
= x - (44% of x)
This means
Selling Price is MP less 44% of MP
=> Discount = 44%
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