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Two successive discounts of 20% and 20% are equivalent to a single discount of

Correct Answer: 36%

Explanation:

Given, r1 = 20% and r2 = 20%
∴ Single discount equal to r1 and r2
= (r1 + r2 - r1 x r2) / 100 %
= (20 + 20 - 20 x 20) / 100
= 40 - 4 = 36%


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