A fruit vendor gives 2 successive discounts of 10% and 14%. What is the overall discount given?
A fruit vendor gives 2 successive discounts of 10% and 14%. What is the overall discount given?
Explanation
When two successive discounts are given, use the formula:
Overall Discount (%) = A + B - (A × B) / 100
Where:
A = first discount = 10%
B = second discount = 14%
So:
= 10 + 14 - (10 × 14) / 100
= 24 - 1.4
= 22.6%