Price of a product is discounted by 20% and the reduced price is then discounted by 5%. The ultimate discount is:
A
25%
B
24%
C
26%
D
30%
Correct Answer: 24%
Let, the price of product be 100 and then after first discount price becomes = 100 - 20 = 80 tk and then again it is discounted by = 5% of 80 = 4 tk so price of telvision becomes = 80 - 4 = 76 tk So,The ultimate discount is = 100 - 76 = 24 tk ans: 24%