Successive discounts of 13 percent and 19 percent are equivalent to a single discount of :
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 29.53 percent.
The equivalent discount of two discounts can be found by the given formulae = x + y + xy/100
So,
x = 13 and, y = 19
⇒ -13 + -19 + (-13 × -19)/100
⇒ -13 + -19 + 247/100 = - 32 + 247/100 = - 32 + 2.47 = -29.53 [negative sign here shows the discount]
Hence, the single discount will be 29.53%