Question
Download Solution PDFSuccessive discounts of 18% and 22% are equal to a single discount of ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Successive discounts of 18% and 22%
Concept used:
Single Discount = D1 + D2 - (D1D2)/100
D1 & D2 are two successive discounts.
Calculation:
Single Discount = 18 + 22 - \(\dfrac{18\times22}{100}\)
⇒ 40 - 3.96
⇒ 36.04%
∴ Successive discounts of 18% and 22% are equal to a single discount of 36.04%.Last updated on Jun 13, 2025
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