Question

An article is sold at two discounts of 40% each. The overall discount is ___ .

Answer 1

Let Marked Price(MP) = ₹ 100

After first discount of 40% we get : $100-\frac{40}{100}\times$ 100 = ₹ 100 - ₹ 40 = ₹60

After second discount of 40% we get : $60-\frac{40}{100}\times$ 60 = ₹ 60 - ₹ 24 = ₹ 36

Overall discount = $\frac{100-36}{100}\times 100$ = 64%