Two successive discounts of 10% and 5% are equivalent to

Home » Aptitude » Discount » Question

Two successive discounts of 10% and 5% are equivalent to a single discount of

1. 14%
2. 14.25%
3. 14.50%
4. 15%

Correct Option: C

Use the below formula to calculate the Equivalent single discount.

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

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

= (15 – 0.5)% = 14.5%