Two continuous discounts of 4 % on any thing | vedclass

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Question

Using net discount formula $=\left[a+b-\frac{a b}{100}ight] \%$

where $a=b=4 \%$

$\Rightarrow \quad\left[4+4-\frac{4 	imes 4}{100}ight] \%=

Vedclass · Accepted Answer

$7.84$

Vedclass · Answer

Using net discount formula $=\left[a+b-\frac{a b}{100}ight] \%$

where $a=b=4 \%$

$\Rightarrow \quad\left[4+4-\frac{4 	imes 4}{100}ight] \%=7.84 \%$

Two continuous discounts of $4 \%$ on any thing should be equal to $\%$

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