what single discount will be equivalent to two successive discounts of 8% and 5%
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Net discount =14.6%
Step-by-step explanation:
Let cost of the article be Rs.100
Value of the article after first discount of 8%=100−
100
8
×100=Rs.92
If second discount is 5%, then discount amount =92−
100
5
×92=Rs.85.4
Final value of the article =Rs.85.4
Net discount amount =100−85.4=14.6%
Net discount =14.6%
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