Successive discounts of 10 and 10 are equivalent to a single discount of ........

Quantitative Aptitude (CGL) Profit and loss

Successive discounts of 10% and 10% are equivalent to a single discount of:

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SSC CGL Tier 2 March 6, 2023 Paper 1

18%

19%

20%

21%

- Successive discounts are applied one after the other.

- A 10% discount followed by another 10% isn't simply a 20% reduction.

- After a first 10% off, an item priced at $100 becomes $90.

- Another 10% off from $90 equals $9, reducing the price to $81.

- Therefore, the total discount is $100 - $81 = $19, not $20.

- The equivalent single discount percentage is $ \frac{19}{100} \times 100 = 19\% $.

- $\textcolor{green}{\large\checkmark}$ Option 2: 19% is the correct single discount equivalent.

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