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Successive discounts of 10 % and 30 % are equivalent to a single discount of :
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- 40%
- 35 %
- 38 %
- 37 %
Correct Option: D
As we know the formula for two successive discount.
| Successive discounts of D1 % and D2 % is overall equals to = |  | D1 + D2 − |  | % | |
| 100 |
Where D1 = Discount 1 and D2 = Discount 2
According to given question, D1 = 30 % and D2 = 10 %
Successive discounts of D1% and D2% is overall = 30 + 10 − | = 40 - 3 = 37% | |
| 100 |
