New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If a product is offered two successive discounts of 19%

    and 20%, what is the equivalent single discount?
    A 39% Correct Answer Incorrect Answer
    B 36.4% Correct Answer Incorrect Answer
    C 34.8% Correct Answer Incorrect Answer
    D 35.2% Correct Answer Incorrect Answer

    Solution

    Let the price without discounts be Rs. '100m' Price after successive discounts = 0.81 X 0.8 X 100m = Rs. '64.8m' Required single discount = [(100m - 64.8m) ÷ 100m] X 100 = 35.2%

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