Two successive discounts of $50\%$ and $50\%$ are equivalent to a single discount of:

Question

Two successive discounts of $50\%$ and $50\%$ are equivalent to a single discount of:

Option A

50%

Option B

60%

Option C — Correct answer

75%

Correct choice.

Option D

100%

Explanation

After the first discount, only $50\%$ remains. After the second, $50\%$ of that remains, so final price $=25\%$ of original. Net discount $=75\%$.

Chapter Mock 4: Profit and Loss