Successive discounts of 10%, 20% and 30% is equivalent to

Home » Aptitude » Discount » Question

Successive discounts of 10%, 20% and 30% is equivalent to a single discount of

1. 60%
2. 49.6%
3. 40.5%
4. 36%

Correct Option: B

Using Rule 5,
Single equivalent discount for successive discounts of 10% and 20%.

=		10 + 20 −	20 × 100		% = 28%
			100

Single equivalent discount for 28% and 30%.

=		28 + 30 −	28 × 30		% = 49.6%
			100