The successive discount of 25%, 20%, and 10% is equivalent of:
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 46%
Let the number = 100
The successive discount of 25%, 20%, and 10% ;
⇒ 100 × (1 - 0.25) × (1 - 0.2) × (1 - 0.1)
⇒ 100 × 0.75 × 0.8 × 0.9
= 54
⇒ The successive discount of 25%, 20%, and 10% = (100 - 54) = 46%