A shopkeeper provide successive discounts of 5% and 4%, which are equivalent to a single discount of ________.
Given:
Successive discounts =5% and 4%
Formula Used:
Successive discount = X + Y -
Where,
X = First discount
Y = Second discount.
Solution:
Let us take first two discounts i.e. X = 5%, Y = 4%.
=> Successive discount = X + Y -
=> Successive discount = 5 + 4 -
Hence, one single equivalent discount is 8.8%
Alternate Method:
Let MP be 100
SP after discount = 100 × 95% × 96% = 91.2.
Hence, Discount = 100 - 91.2 = 8.8%
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