A store offers two successive discounts of 12% and 18% on an item. What is the equivalent single discount that a customer would receive if these two discounts were applied together?

Correct option is B

Given:

Two successive discounts = 12% and 18%

Formula Used:

Single Discount % = A + B - $$\frac{A \times B}{100}$$​​

Where A and B are the two successive discounts.

Solution:

Single Discount = 12 + 18 - $$\frac{12 \times 18}{100}$$​​

= 30 - $$\frac{216}{100}$$​​

= 30 - 2.16

= 27.84%

Thus, The equivalent single discount is 27.84%