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7.Profit and Loss
medium
Two discounts of $40 \%$ and $20 \%$ equal to a single discount of $\%$?
A
$48$
B
$53$
C
$52$
D
$60$
Solution
Using net discount formula
$\Rightarrow \quad\left[a+b-\frac{a b}{100}\right] \%$
Here, $a=40 \%, b=20 \%$
Applying both values in above formula:
$\Rightarrow \quad\left[40+20-\frac{40 \times 20}{100}\right] \%=52 \%$
Standard 13
Quantitative Aptitude