Question
Download Solution PDFWhat is the equivalent single discount of two successive discounts of 12% and 10%?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Two successive discounts of 12% and 10%.
Formula Used:
Equivalent discount = 100% - [(100% - discount1) × (100% - discount2)]/100%
where discount1 and discount2 are the two successive discounts given.
Solution:
Substituting discount1 = 12% and discount2 = 10% in the formula, we get:
Equivalent discount = 100% - [(100% - 12%) × (100% - 10%)]/100%
= 100% - [(88%) × (90%)]/100%
= 100% - 79.2%
= 20.8%
Therefore, the equivalent single discount of two successive discounts of 12% and 10% is 20.8%.
Last updated on Jun 26, 2025
-> SSC MTS 2025 Notification has been released by the Staff Selection Commission (SSC) on the official website on 26th June, 2025.
-> A total of 1075 Vacancies have been announced for the post of MTS and Havaldar in CBIC and CBN.
-> The last date to apply online will be 25th July 2025 as per the SSC Exam Calendar 2025-26.
-> The selection of the candidates for the post of SSC MTS is based on Computer Based Examination.
-> Candidates with basic eligibility criteria of the 10th class were eligible to appear for the examination.
-> Candidates must attempt the SSC MTS Mock tests and SSC MTS Previous year papers for preparation.