Question 54

What will be the net discount (in %) of two successive discounts of 15% and 35%?

Solution

Let list price = Rs. $$100x$$

After first discount of 15%, price = $$100x \times \frac{(100-15)}{100}=85x$$

After second discount of 35%, price = $$85x \times \frac{(100-35)}{100}=55.25x$$

=> Equivalent discount = $$\frac{100x-55.25x}{100x} \times 100$$

= $$44.75\%$$

=> Ans - (A)

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