Manpreet offers two successive discounts of 12% and 8% on the sale of a sweater to his customers on the occasion of Diwali. What is the equivalent single percentage discount offered by Manpreet?
1
20.96%
2
19.04%
3
19.64%
4
20.00%
Manpreet offers two successive discounts of 12% and 8% on the sale of a sweater to his customers on the occasion of Diwali. What is the equivalent single percentage discount offered by Manpreet?