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What single discount is equivalent to two successive discounts of 20% and 15% ?


A) 35%

B) 32%

C) 34%

D) 30%

E) None of these

Correct Answer:
B) 32%

Description for Correct answer:
Rate of single discount = 20 + 15 - \( \Large \frac{20 \times 15}{100} \)

= 35 - 3 = 32%

Part of solved SBI JuniorAssociate-2 questions and answers : Exams >> Bank Exams >> SBI JuniorAssociate-2




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