An article is sold at two successive discounts of 30% each. The single equivalent discount as percent is __________.
A
70%
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B
60%
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C
50%
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D
51%
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Solution
The correct option is D 51% Let the M.P = 100 ∴Price of the article after first discount = 100 - 30% of 100 = 100−30100×100 = 100 - 30 = 70 Now the second discount will be on this 70 ∴Price of the article after second discount = 70 - 30%of 70 = 70−30100×70 = 70 -21 = 49 ∴Single equivalent discount as percent = 100-49 = 51%