Find a single discount equivalent to two successive discounts of 25% and 10%.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 32.5%.
We can find the single discount by net effect
x + y + xy/100
Here x = -25 and y = -10 [-ve sign shows discount]
⇒ -25 - 10 + 250/100
⇒ -35 + 2.5 = -32.5%
Thus, the single discount will be 32.5%