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Successive discounts of 20%, 10% and 15%...

Successive discounts of 20%, 10% and 15% are equivalent to a single discount of:

A

`42.2%`

B

` 43.5%`

C

` 38.8%`

D

` 44.5%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the equivalent single discount for successive discounts of 20%, 10%, and 15%, we can follow these steps: ### Step 1: Understand the discounts We have three successive discounts: - First discount (D1): 20% - Second discount (D2): 10% - Third discount (D3): 15% ### Step 2: Assume an initial price Let's assume the initial price of the article is Rs. 100. This makes calculations easier. ### Step 3: Calculate the price after the first discount (D1) The first discount is 20% of Rs. 100. - Amount after D1 = Initial Price × (1 - D1) - Amount after D1 = 100 × (1 - 0.20) = 100 × 0.80 = Rs. 80 ### Step 4: Calculate the price after the second discount (D2) The second discount is 10% on the new price (Rs. 80). - Amount after D2 = Amount after D1 × (1 - D2) - Amount after D2 = 80 × (1 - 0.10) = 80 × 0.90 = Rs. 72 ### Step 5: Calculate the price after the third discount (D3) The third discount is 15% on the new price (Rs. 72). - Amount after D3 = Amount after D2 × (1 - D3) - Amount after D3 = 72 × (1 - 0.15) = 72 × 0.85 = Rs. 61.20 ### Step 6: Calculate the total discount Now, we find the total discount given from the original price of Rs. 100 to the final price of Rs. 61.20. - Total discount = Initial Price - Final Price - Total discount = 100 - 61.20 = Rs. 38.80 ### Step 7: Calculate the equivalent single discount percentage To find the equivalent single discount percentage, we use the formula: - Equivalent Single Discount (%) = (Total Discount / Initial Price) × 100 - Equivalent Single Discount (%) = (38.80 / 100) × 100 = 38.80% ### Final Answer The equivalent single discount for successive discounts of 20%, 10%, and 15% is **38.80%**. ---
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