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1. Successive discounts of 20% and 12% are equivalent to a single discount of:

  • A. 16.0%
  • B. 16.0%
  • C. 16.0%
  • D. 16.0%

Answer: Option B

Explanation:

±a±b+(ab)/100

=-20-12+(20×12)/100

=|-29.6%|

=29.6%

(ans)


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