SSC CHSL 2022 PYQ — Question 72

SSC CHSL - 25 May 2022 - Shift 2 • Quantitative Aptitude • Q72

What will be a single equivalent discount for successive discounts of 20%, 40% and 75% on the marked price of an item?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. 88%

Let the marked price of an article be Rs 100

Then, After  three successive discounts of 20%, 40% and 75%, we get

⇒ 100 × (80/100) × (60/100) × (25/100) = 120000/10000 = 12

Thus, the selling price would be Rs 12.

So, the overall discount = [(100 - 12)/100] × 100 = 88%