Question
Easy
The single discount, which is equal to three successive discounts of 10%, 20% and 25%, is :
1
49.60%
2
46%
3
50.40%
4
52%
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 2
Chapter: Finance
Topic: Discount
Correct Answer
Option B
Explanation
To determine the single discount equivalent to three successive discounts of 10%, 20%, and 25%, we need to calculate the cumulative effect of these discounts on the original price. Let's assume the original price is 100 units. 1. First Discount (10%): - After a 10% discount, the price becomes 90 units. (Calculation: 100 - 10% of 100 = 100 - 10 = 90) 2. Second Discount (20%): - After a…Read More
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