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If two successive discounts of 10% and 5%, are given, then what will be the net discount percentage?
12.5%
15.5%
14.5%
16.5%
- When applying two successive discounts, you need to calculate the combined effect on the original price.
- The first discount of 10% reduces the price to 90% of the original.
- The second discount of 5% is then applied to the reduced price.
- After the first discount, the price is 90% of the original, meaning 0.9 times the original price.
- After the second discount, the price is 95% of what it was after the first discount, which is 0.95 times that amount.
- Therefore, the effective overall price is 0.9×0.95=0.855.
- This means the final price is 85.5% of the original, leaving a net discount of 14.5%.
- Option 3: 14.5% is correct.
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