1 View

Question : Three successive discounts of 12%, 13% and 11% are equivalent to an approximate single discount of:

Option 1: 40%

Option 2: 32%

Option 3: 35%

Option 4: 42%


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: 32%


Solution : Successive discount = $x + y -\frac{ (x × y)}{100}$
For 12% and 13%, equivalent discount % = $12 + 13 - \frac{(12 × 13)}{100}$
= 25 – 1.56
= 23.44%
Again, for 23.44% and 11%, equivalent discount % = $23.44 + 11 - \frac{(23.44 × 11)}{100}$
= 34.44 – 2.5784
= 31.86%
= 32% (approximate)
Hence, the correct answer is 32%.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books