Civil Service Exam Reviewer · Percentage · hard
A store gives successive discounts of 40% and 20%. What single discount is equivalent to these?
- 60%
- 8%
- 52%
- 30%
Answer
C. 52%
Solution
Remaining price = (1 − 0.4)(1 − 0.2) = 0.48. Equivalent discount = 52%.
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