Question
Download Solution PDFA single discount equivalent to successive discounts of 40% and 20% is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A single discount equivalent to successive discounts of 40% and 20%
Formula used:
Single Discount = 1 - (1 - d1) × (1 - d2)
Calculation:
Single Discount = 1 - (1 - 0.40) × (1 - 0.20)
⇒ Single Discount = 1 - 0.60 × 0.80
⇒ Single Discount = 1 - 0.48
⇒ Single Discount = 0.52 = 52%
∴ The correct answer is option (4).
Single discount = D1 + D2 - (D1 × D2)/100
⇒ 40 + 20 - 40 × 20 /100 = 60 - 8 = 52%
Last updated on Jun 30, 2025
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