What is the single discount that is equivalent to two successive discounts of 12.5% and 20% ?
Answer & explanation
Correct answer: option 3
Successive discount = x + y - \(\frac{x × y}{100}\)
First Discount = 12.5%
Second discount = 20%
Successive discount = 12.5 + 20 - \(\frac{12.5 × 20}{100}\) = 30%