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Question
The single discount equivalent to two successive discount of 20% and 5% is = ?
Options:
A .  24%
B .  25%
C .  22%
D .  23%
Answer: Option A
Two successive discount is equivalent
$$\eqalign{
& = 20 + 5 - \frac{{20 \times 5}}{{100}} \cr
& = {\text{ }}25 - 1 \cr
& = {\text{ }}24\% {\text{ }} \cr} $$

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