The single discount equivalent to three successive discounts of 16%, 10% and 25% is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 43.3%.
Let Marked price = 100
After successive discounts of 16%, 10% and 25% →
Final price = 100 × (1 − 0.16) × (1 − 0.10) × (1 − 0.25)
= 100 × 0.84 × 0.90 × 0.75
= 56.7
Single discount = 100 − 56.7 = 43.3%