Find the single equivalent discount for successive discounts of 12%, 18% and 25% on
the marked price of a car
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 45.88%
given that
The successive discounts of 12%, 18% and 25%
The single discount of this successive discounts of 12 and 18 % = 12 + 18 - (12 * 18)/100 = 30 - 2.16 = 27.84 %
Now, the single discount of the successive discounts of 27.84% and 25%
= 27. 84 + 25 - (27.84 * 25)/100 = 52.84 - 6.96 = 45.88 %