what single rate of discount is equivalent to two successive discounts of
10% and 5%
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Explanation:
Let the marked price of an article be Rs. 100
Then first discount on it =Rs. 20
Price after discount =Rs. (100-20)=Rs. 80
Second discount on it =10% of Rs. 80
Rs.(80×
100
10
)=Rs.8
Price after second discount =Rs. (80-8)=Rs. 72
Net selling price =Rs. 72
Single discount equivalent to given successive discounts =(100-72)%=28%
it is same to this question
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