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Two successive discounts of 20% and 5% a...

Two successive discounts of 20% and 5% are equivalent to a single discount of

A

0.25

B

0.24

C

0.18

D

0.15

Text Solution

AI Generated Solution

The correct Answer is:
To find the equivalent single discount of two successive discounts of 20% and 5%, we can follow these steps: ### Step-by-Step Solution: 1. **Assume a Cost Price**: Let's assume the cost price (CP) of the article is ₹100. This makes calculations easier. **Hint**: Always start by assuming a base value for the cost price to simplify percentage calculations. 2. **Calculate the First Discount**: The first discount is 20%. - Discount Amount = 20% of ₹100 = (20/100) * 100 = ₹20. - Selling Price after first discount (SP1) = Cost Price - Discount Amount = ₹100 - ₹20 = ₹80. **Hint**: To find the selling price after a discount, subtract the discount amount from the original price. 3. **Calculate the Second Discount**: The second discount is 5%, which is applied to the new selling price (SP1). - Discount Amount = 5% of ₹80 = (5/100) * 80 = ₹4. - Selling Price after second discount (SP2) = SP1 - Discount Amount = ₹80 - ₹4 = ₹76. **Hint**: Always apply the second discount to the new selling price after the first discount. 4. **Calculate Total Discount**: The total discount given is the sum of both discounts. - Total Discount = First Discount + Second Discount = ₹20 + ₹4 = ₹24. **Hint**: To find the total discount, simply add the amounts of all discounts applied. 5. **Calculate the Equivalent Single Discount Percentage**: The equivalent single discount percentage can be calculated using the formula: \[ \text{Single Discount Percentage} = \left(\frac{\text{Total Discount}}{\text{Cost Price}}\right) \times 100 \] - Substituting the values: \[ \text{Single Discount Percentage} = \left(\frac{24}{100}\right) \times 100 = 24\%. \] **Hint**: The single discount percentage reflects the total discount as a percentage of the original cost price. ### Final Answer: The equivalent single discount of two successive discounts of 20% and 5% is **24%**.
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