Question
Download Solution PDFFind a single discount equivalent to a series discount of 20%, 10% and 5%
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept used:
20% discount means MP : SP = 5 : 4
10% discount means MP : SP = 10 : 9
5% discount means MP : SP = 20 : 19
Calculation:
So, the equivalent discount = (1000 - 684)/1000 × 100 = 316/10 = 31.6%
∴ The correct answer is 31.6%
Last updated on Jun 22, 2025
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