Question : Giving two successive discounts of 20% is the same as giving one discount of _____%.
Option 1: 36
Option 2: 40
Option 3: 44
Option 4: 50
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Correct Answer: 36
Solution : First discount = $20$% Second discount = $20$% Effective discount $=20 + 20 - \frac{20 × 20}{100}=36$% Hence, the correct answer is 36.
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