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Question

Succesive discounts of 10% and 50% are equivalent to a single discount of___

A
60%
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B
500%
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C
55%
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D
40%
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Solution

The correct option is C 55%
Let the original price of any product is $100.

Given, successive percentage of discounts are 10% and 50%.

First discount amount =10% of original price
=10% of $100
=10100×$100
=1010×10×$100
=110×$100
=$10

Price after first discount = Original price - First discount amount
=$100$10=$90

Second discount amount =50% of price after first discount
=50% of $90
=50100×$90
=5050×2×$90
=12×$90
=$45

Total discount amount = First discount amount + second discount amount
=$10+$45
=$55

Net discount percentage=Total discount amountOriginal price×100%
=55100×100%
=55%

Hence, succesive discounts of 10% and 50% are equivalent to a single discount of 55%.

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