Mathematics · Discount & Commercial Math
A pharmaceutical research laboratory purchases analytical testing kits priced at ₹12,000 each. The supplier offers a scheme of 'Buy 10 kits, get 2 free,' along with a volume discount of 15% on purchases exceeding ₹1,00,000, and an additional 5% institutional discount for research facilities. If the laboratory takes advantage of the complete scheme offer, what is the effective discount percentage they receive on the total value of kits? (Rounded off to two decimal places)
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