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Two successive discounts of 10% and 5% are equivalent to a single discount of
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- 14%
- 14.25%
- 14.50%
- 15%
Correct Option: C
Use the below formula to calculate the Equivalent single discount.
Equivalent single discount = | ![]() | D1 + D2 − | ![]() | % | |
100 |
Single equivalent discount = | ![]() | 10 + 5 − | ![]() | % | |
100 |
= (15 – 0.5)% = 14.5%