Find the single discount equivalent to two successive discounts of 20% and 10%
A
28%
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B
29%
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C
30%
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D
26%
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Solution
The correct option is A 28% 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.(80×10100)=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%