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Discount

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  1. Two successive discounts of 20% and 20% is equivalent to a single discount of
    1. 42%
    2. 40%
    3. 36%
    4. 34%
Correct Option: C

Use the below formula to calculate the Equivalent single discount.

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

Equivalent single discount = 20 + 20 −
20 × 20
% = 36%
100


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