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Find the effective discount when 2 successive discounts of 30% and 10% are allowed ?
  • a)
    34%
  • b)
    35%
  • c)
    36%
  • d)
    37%
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Find the effective discount when 2 successive discounts of 30% and 10%...
Effective discount = 1-[(1-0.3)(1-0.1)] = 1-[(0.7)(0.9)] = 1-[0.63] = 0.37 = 37%
So the answer is option D.
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Find the effective discount when 2 successive discounts of 30% and 10% are allowed ?a)34%b)35%c)36%d)37%Correct answer is option 'D'. Can you explain this answer?
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