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Successive discounts of 10% and 30% are ...

Successive discounts of 10% and 30% are equivalent to a single discount of :

A

`40%`

B

`35%`

C

`38%`

D

`37%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the equivalent single discount for successive discounts of 10% and 30%, we can use the formula for successive discounts: \[ \text{Single Discount} = x + y - \frac{x \cdot y}{100} \] where \( x \) and \( y \) are the individual discounts. ### Step 1: Identify the discounts Here, we have: - \( x = 10\% \) - \( y = 30\% \) ### Step 2: Substitute the values into the formula Now, substitute \( x \) and \( y \) into the formula: \[ \text{Single Discount} = 10 + 30 - \frac{10 \cdot 30}{100} \] ### Step 3: Calculate the product of the discounts Calculate \( \frac{10 \cdot 30}{100} \): \[ 10 \cdot 30 = 300 \] \[ \frac{300}{100} = 3 \] ### Step 4: Substitute back into the equation Now substitute this value back into the equation: \[ \text{Single Discount} = 10 + 30 - 3 \] ### Step 5: Perform the addition and subtraction Now perform the addition and subtraction: \[ \text{Single Discount} = 40 - 3 = 37 \] ### Final Answer Thus, the equivalent single discount is: \[ \text{Single Discount} = 37\% \] ---
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