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Find the single discount equivalent to two successive discounts of 10% and 5%.
Let's assume the price before discounts is '100y'.
Price after discounts = 100y of (100-10)% of (100-5)%
= 100y of 90% of 95%
= $$100y\times\frac{90}{100}\times\frac{95}{100}$$
= 85.5y
Let's assume the single discount is 'z'%.
100y of (100-z)% = 85.5y
$$100y\times\frac{(100-z)}{100}=85.5y$$
$$(100-z)=85.5$$
z = 100-85.5
z = 14.5%
Short Cut ::
successive discount = $$10\%+5\%-\left(\frac{10\times\ 5}{100}\right)\%$$
= $$15\%-0.\ 5\%$$
= 14.5%
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