A manufacturer offers a 25% discount on the marked price of a product. The retailer offers another 28% discount on the reduced price. What is the single discount equivalent to the two discounts offered?
1
34%
2
46%
3
38%
4
41%
A manufacturer offers a 25% discount on the marked price of a product. The retailer offers another 28% discount on the reduced price. What is the single discount equivalent to the two discounts offered?