Find the single discount equivalent to two successive discounts of 20% and 10%.
Let the CP of product is Rs.100
20% discount on CP = Rs.20
Then, Price would be = 100-20
=Rs.80
Now, 10% discount on current price = 10% of Rs.80
= Rs.8
Now, final Selling Price will be = Rs.80 – Rs.8
= Rs.72
Discount Percent =
= 28%
So, successive discount of 20% and 10% is 28%