Two successive discounts of 40% and 30% are equal to a single discount of:
58%
To calculate the equivalent single discount:
Effective discount = 40% + 30% − (40% × 30% / 100).
Effective discount = 40 + 30 − 12 = 58%.
Thus, the equivalent single discount is 58%.
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Important Questions from Simple and Compound Intrest
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