Profit and Loss Practice Test 7

Question : 3 of 40

Marks: +1, -0

Which is the single discount equivalent to the successive discounts of 20%, 4% and 6%?

Solution:

Single discount equivalent to 20% and 40%

=2+4-{2   ×4}/100=5.92

Single discount equivalent to 5.92 and 6

=5.92+6-35.52/100=11.56%

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