Question

Two successive discounts of 8% and 12% are equal to a single discount of:
1. 22%
2. 19.04%
3. 20%
4. 20.96%

Answer 1

Correct Answer - Option 2 : 19.04%

Calculation:

The equivalent single discount to two successive discount x% and y% is (x + y - xy/100)%

Here x = 8 and y = 12

∴ Equivalent single discount = 8 + 12 - (8 × 12)/100

⇒ 20 - 0.96

⇒ 19.04%

∴ The equivalent single discount is 19.04%