20% discount is offered on an item. By applying a promo code Rishi wins 4% cash back. What is the equivalent single discount? |
33% 23.20% 22.60% 24% |
23.20% |
Discount = 20% Cashback = 4% Equivalent single discount = x + y - \(\frac{x × y}{100}\) = 20 +4 - \(\frac{20 × 4}{100}\) = 23.20% |