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

A    16.0%

B    29.6%

C    31.4%

D    32.0%

Solution

Correct Answer: Option B

 

suppose Cost Price is tk 100 then 20% discount means Selling Price is tk .80 but again on this price there's a dicount of 12% therefore, the final  discount =80 X 12/100=9.6 % therefore, total discount = 20+9.6=29.6%

 

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