Question
Download Solution PDFA trader gives a 40% discount on his goods. Further, he gives 20% discount on the goods. Find the single discount equivalent to these two successive discounts.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A trader gives a 40% discount on his goods. Further, he gives a 20% discount on the goods.
Formula used:
Single equivalent discount, D = D1 + D2 - (D1 × D2)/100
Where, D1 = first discount, D2 = second discount
Calculation:
D1 = 40%, D2 = 20%
⇒ D = 40 + 20 - (40 × 20)/100
⇒ D = 60 - 8
⇒ D = 52%
∴ The correct answer is option (4).
Last updated on Jun 17, 2025
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