Discount
-  A single discount equivalent to discount series 20%, 20% and 10% is
 
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Single equivalent discount for 20% and 20%
= 
20 + 20 − 20 × 20 
% = 36% 100 
Single equivalent discount for 36% and 10%= 
36 + 10 − 36 × 10 
% = 42.4% 100 Correct Option: C
Single equivalent discount for 20% and 20%
= 
20 + 20 − 20 × 20 
% = 36% 100 
Single equivalent discount for 36% and 10%= 
36 + 10 − 36 × 10 
% = 42.4% 100 
Alternate method to solve this question := 100 − 

100 − D1 

100 − D2 

100 − D3 
× 100 
100 100 100 = 100 − 

100 − 20 

100 − 20 

100 − 10 
× 100 
100 100 100 = 100 − 80 × 80 × 90 × 100 100 100 100 
= 100 – 57.60 = 42.40 
-  The single discount which is equivalent to successive discounts of 20%, 15% and 10% is
 
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Use the below formula to calculate the Equivalent single discount.
Equivalent single discount = 
D1 + D2 − D1 × D2 
% 100 
Single equivalent discount for 20 % and 15 %= 
20 + 15 − 20 × 15 
% = 32% 100 
Single equivalent discount for 32% and 10%= 
32 + 10 − 32 × 10 
% = 38.8% 100 Correct Option: D
Use the below formula to calculate the Equivalent single discount.
Equivalent single discount = 
D1 + D2 − D1 × D2 
% 100 
Single equivalent discount for 20% and 15%= 
20 + 15 − 20 × 15 
% = 32% 100 
Single equivalent discount for 32% and 10%= 
32 + 10 − 32 × 10 
% = 38.8% 100 
Alternate method to solve this question :
Here, D1 = 20%, D2 = 15%,D3 = 10%
Single equivalent discount= 100 − 

100 − D1 

100 − D2 

100 − D3 
× 100 
100 100 100 = 100 − 

100 − 20 

100 − 15 

100 − 10 
× 100 
100 100 100 Equivalent single discount = 100 − 80 × 85 × 90 × 100 100 100 100 
Hence Equivalent single discount = 100 – 61.20 = 38.80% 
-  An article marked at Rs. 540 is sold at Rs. 496.80 in an offseason offer. Then the rate of discount offered (in per cent) is
 
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Discount given
= Rs. (540 – 496.80)
= Rs. 43.20
If the rate of discount be x%, then
x% of 540 = 43.20⇒ 540 × x = 43.20 100 ⇒ x = 43.20 × 100 = 8% 540 Correct Option: C
Discount given
= Rs. (540 – 496.80)
= Rs. 43.20
If the rate of discount be x%, then
x% of 540 = 43.20⇒ 540 × x = 43.20 100 ⇒ x = 43.20 × 100 = 8% 540  
-  A dealer buys an article listed at Rs. 100 and gets successive discounts of 10% and 20%. He spends 10% of the cost price on transportation. At what price should he sell the article to earn a profit of 15%?
 
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Single equivalent discount = 
10 + 20 − 10 × 20 
% 100 
= (30 – 2)% = 28%
∴ C.P. of article = 100 – 28 = Rs. 72Actual cost price of article = 72 × 110 = Rs. 79.2 100 
∴ For a profit of 15%,Required S.P. = 79.2 × 115 = Rs. 91.08 100 Correct Option: C
Single equivalent discount = 
10 + 20 − 10 × 20 
% 100 
= (30 – 2)% = 28%
∴ C.P. of article = 100 – 28 = Rs. 72Actual cost price of article = 72 × 110 = Rs. 79.2 100 
∴ For a profit of 15%,Required S.P. = 79.2 × 115 = Rs. 91.08 100  
-  A company showroom gives a discount of 20% on the second grade shoes and a further
discount of 15% on shareholder’s coupon. The total discount, a coupon holder will get is 
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Required single discount = 
x + y − xy 
% 100 Required single discount = 
20 + 15 − 20 × 15 
% 100 
= (35 – 3)% = 32%Correct Option: A
Required single discount = 
x + y − xy 
% 100 Required single discount = 
20 + 15 − 20 × 15 
% 100 
= (35 – 3)% = 32%