NIACL Model Paper 2 with solutions for free online practice

Question : 14 of 100

Marks: +1, -0

Successive discounts of 20% and 15% are equivalent to a single discount of

Solution:

Successive discounts of 20% and 15% on ₹ 100 yields to

100×0.8×0.85= ₹ 68

∴ Single discount = (100 - 68) = 32%

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