Question 56

20% discount is offered on an item. By applying a promo code Rishi wins 4% cash back. What is the equivalent single discount?

Solution

If there is two discount x and y then

Equivalent Discount = $$x+y-\frac{\left(x\times\ y\right)}{100}$$

x = 20%

y = 4%

Then,

Equivalent discount = $$20+4-\frac{\left(20\times\ 4\right)}{100}=23.8\%$$

Hence, Option B is correct.

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