A single discount equivalent to three successive discount of 6%, 15% and 14% is:
A. 68.714%
B. 34.357%
C. 31.286%
D. 17.5%
Answer: Option C
Solution (By Examveda Team)
$$\eqalign{ & {\text{Discount }}\% = x + y - \frac{{xy}}{{100}} \cr & {\text{2 years}} \to {\text{discount }}\% \cr & = 6 + 15 - \frac{{6 \times 15}}{{100}} \cr & = 21 - 0.9 \cr & = 20.1\% \cr & {\text{3 years}} \to {\text{discount }}\% \cr & = 20.1 + 14 - \frac{{20.1 \times 14}}{{100}} \cr & = 34.1 - 2.814 \cr & = 31.286\% \cr} $$Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33

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