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On 15th August Levi’s was offering two successive discounts of 50% + 50%. How much discount does they actually offering?
  • a)
    100%
  • b)
    50%
  • c)
    25%
  • d)
    75%
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
On 15thAugust Levi’s was offering two successive discounts of 50...
GIVEN:
Two successive discounts = 50% + 50%
FORMULA USED:
Total discount percent offered = Total discount/ Marked price × 100
CALCULATION:
Let the marked price be 100x
After giving first,
Selling price = 100x – 50% of 100x
⇒ 100x – 50x = 50x
After giving second discount,
Selling price = 50x – 50% 0f 50x
⇒ 50x – 25x = 25x
Total discount = 50x + 25x = 75x
Total discount percent offered = (75x/100x) × 100 = 75%
ALTERNATIVE METHOD:
Equivalent Discount = x + y – x × y / 100
⇒ 50 + 50 + 50 × 50 / 100
⇒ 75%
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On 15thAugust Levi’s was offering two successive discounts of 50% + 50%. How much discount does they actually offering?a)100%b)50%c)25%d)75%Correct answer is option 'D'. Can you explain this answer?
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