The cost price of a book is ₹ 250. If the successive discounts offered on the book are 10%, 15% and 20%. then find the total discount on the book?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 38.8%
Successive discount = x + y -
Successive discount of 1st discount = 10 + 15 - = 23.5%
Effective successive discount = 23.5 + 20 - = 38.8%
So the total discount on the book is 38.8%.