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Profit and Loss

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  1. A single discount equivalent to three successive discounts of 5% , 10% , 20% is :
    1. 68.4 %
    2. 35 %
    3. 31.6 %
    4. 32 %
Correct Option: C

Let the original price be 100 Rs.
So reduced price = 100 X 0.95 X 0.90 X 0.80 = 68.40

∴ Single discount = (100 — 68.4) % = 31.6%


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