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Two successive discounts of 20% and 20% ...

Two successive discounts of 20% and 20% are equivalent to a single discount of

A

0.42

B

0.4

C

0.36

D

0.34

Text Solution

AI Generated Solution

The correct Answer is:
To find the equivalent single discount for two successive discounts of 20%, we can follow these steps: ### Step 1: Understand the Discounts When we apply a discount, we reduce the price of the item. A 20% discount means we pay 80% of the original price. ### Step 2: Let the Original Price be 100 For simplicity, let's assume the original price (CP) of the item is 100. ### Step 3: Apply the First Discount The first discount is 20%. - Amount after the first discount = Original Price - First Discount - First Discount = 20% of 100 = 20 - Price after the first discount = 100 - 20 = 80 ### Step 4: Apply the Second Discount Now, we apply the second discount of 20% on the new price (80). - Second Discount = 20% of 80 = 16 - Price after the second discount = 80 - 16 = 64 ### Step 5: Calculate the Total Discount Now, we find out how much total discount has been given from the original price. - Total Discount = Original Price - Final Price - Total Discount = 100 - 64 = 36 ### Step 6: Calculate the Equivalent Single Discount Percentage To find the equivalent single discount percentage: - Equivalent Single Discount = (Total Discount / Original Price) * 100 - Equivalent Single Discount = (36 / 100) * 100 = 36% ### Conclusion The two successive discounts of 20% and 20% are equivalent to a single discount of 36%. ---
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