Three successive discount of 12%, 13% and 11% are equivalent to an approximate single discount of:
A. 32%
B. 40%
C. 42%
D. 35%
Answer: Option A
Solution (By Examveda Team)
Equivalent discount of (12%, 13%, 11%) = ?Equivalent discount of (12% and 11%)
= 12 + 11 - $$\frac{{12 \times 11}}{{100}}$$
= 23 - 1.32
= 21.68%
Equivalent discount of (21.68% and 11%)
= 21.68 + 11 - $$\frac{{21.68 \times 11}}{{100}}$$
= 32%
This Question Belongs to Arithmetic Ability >> True Discount
Join The Discussion