Civil Service Exam Reviewer · Percentage · hard
A store gives successive discounts of 40% and 25%. What single discount is equivalent to these?
- 65%
- 10%
- 55%
- 32.5%
Answer
C. 55%
Solution
Remaining price = (1 − 0.4)(1 − 0.25) = 0.45. Equivalent discount = 55%.
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