Two successive discounts of 5%, 10% are given for an article

Two successive discounts of 5%, 10% are given for an article costing ₹ 850. Present cost of the article is (in ₹ ) :

Use the below formula to calculate the Equivalent single discount.

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

Single equivalent discount

=		5 + 10 −	10 × 5		% = 14.5%
			100

∴ Cost of article after discount

=	850 × (100 − 14.50)	= ₹ 726.75
	100