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  1. The cost price of an article is ₹ 100. A discount series of 5 %, 10 % successively reduces the price of a article by
    1. ₹ 4.5
    2. ₹ 14.5
    3. ₹ 24.5
    4. None of the above
Correct Option: B

As we know the formula for two successive discount.

Equivalent single discount = D1 + D2
D1 × D2
%
100

Single equivalent discount = 10 + 5 −
10 × 5
= 14.5%
100

i.e. ₹ 14.50



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