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  1. The discount series 10%, 20%, 40% is equivalent to a single discount of
    1. 50%
    2. 56.8%
    3. 60%
    4. 62.28%
Correct Option: B

Single equivalent discount for 10% and 20%

= 10 + 20 −
20 × 10
= 28%
100

Single equivalent discount for 28% and 40%
= 40 + 28 −
28 × 40
%
100

= (68 – 11.2) % = 56.8%
Alternate method to solve this question :
Here, D1 = 10%, D2 = 20%, D3 = 40%
Single discount = 100 −
100 − D1
100 − D2
100 − D3
× 100
100100100

Single discount = 100 −
100 − 10
100 − 20
100 − 40
× 100
100100100

Single discount = 100 −
90
×
80
×
60
× 100
100100100

Single discount = 100 – 43.20 = 56.8%



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