The single discount equivalent to the discount series of 20%, 10% and 5% is = ?
A. 11.66%
B. 31.6%
C. 35.66Z%
D. 32%
Answer: Option B
Solution(By Examveda Team)
Single equivalent discount for 20% and 10%$$\eqalign{ & = 20 + 10 - \frac{{20 \times 10}}{{100}} \cr & = 30 - 2 \cr & = 28\% \cr} $$
Single equivalent discount for 28% and 5%
$$\eqalign{ & = 28 + 5 - \frac{{28 \times 5}}{{100}} \cr & = 33 - 1.4 \cr & = 31.6\% \cr} $$
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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