Question : A single discount equivalent to three successive discounts of 6%, 15% and 14% is:
Option 1: 17.5%
Option 2: 31.286%
Option 3: 68.714%
Option 4: 34.357%
Correct Answer: 31.286%
Solution : Let the marked price of the article be 100. For three successive discounts of 6%, 15% and 14%, Selling price = $\frac{100-\text{Discount}_1\%}{100}× \frac{100-\text{Discount}_2\%}{100}×\frac{100-\text{Discount}_1\%}{100}×$ marked price ⇒ Selling price = $\frac{100-6}{100}×\frac{100-15}{100}×\frac{100-14}{100}×100$ ⇒ Selling price = $\frac{94}{100}×\frac{85}{100}×\frac{86}{100}×100$ ⇒ Selling price = $68.714$ Now, ⇒ Discount percentage = $\frac{100 -68.714}{100}×100=\frac{38.286}{100}×100 = 31.286\%$ Hence, the correct answer is 31.286%.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : A single discount equivalent to three successive discounts of 8%, 15% and 12% is:
Question : Three successive discounts of 12%, 13% and 11% are equivalent to an approximate single discount of:
Question : Three successive discounts 22%, 17% and 11% are equivalent to a single discount of:
Question : Two successive discounts of 30% and 20% are equivalent to a single discount of:
Question : A supermarket offers the following discount schemes for buyers. I. Two successive discounts of 25% and 15% II. Successive discounts of 35% and 5% III. A discount of 38% Which offer is better for the customer?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile