Question : Successive discounts of 33% and 30% are equivalent to what single discount?
Option 1: 60.4%
Option 2: 50.5%
Option 3: 45.9%
Option 4: 53.1%
Correct Answer: 53.1%
Solution :
Single equivalent discount = $(a+b-\frac{a×b}{100}$)%, where $a$% and $b$% are successive discounts.
Here $a$ = 33% and $b$ = 30%
So, Single equivalent discount $= 33+30 - \frac{33×30 }{ 100}=63-9.9 = 53.1$%
Hence, the correct answer is 53.1%.
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Get Updates BrochureYour Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.