A store offers two successive discounts on a product: the first is 12%, and the second is 8%. what is the single equivalent discount percentage?

Let’s calculate the single equivalent discount:
- Suppose the marked price = 100.
- After 12% discount, price = 100-12=88.
- After 8% discount on 88, price = 88-(8 % of 88)=88-7.04=80.96.
So, the final price = 80.96.
Equivalent discount = 100-80.96=19.04% .
✅ Answer: The single equivalent discount is 19.04%