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Successive discounts of 30%, 20% and 5% ...

Successive discounts of 30%, 20% and 5% amount to a single discount of .

A

0.46

B

0.462

C

0.532

D

0.47

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of finding the single discount equivalent to successive discounts of 30%, 20%, and 5%, we can follow these steps: ### Step 1: Understand the Discounts We have three successive discounts: - First discount: 30% - Second discount: 20% - Third discount: 5% ### Step 2: Convert Discounts to Decimal Convert each percentage discount into a decimal fraction: - 30% = 0.30 - 20% = 0.20 - 5% = 0.05 ### Step 3: Calculate the Selling Price After Each Discount Assume the marked price (MP) is 100 (for simplicity): 1. After the first discount of 30%: \[ \text{Selling Price (SP)} = \text{MP} - \text{Discount} = 100 - (30\% \text{ of } 100) = 100 - 30 = 70 \] 2. After the second discount of 20% on the new SP (70): \[ \text{SP} = 70 - (20\% \text{ of } 70) = 70 - 14 = 56 \] 3. After the third discount of 5% on the new SP (56): \[ \text{SP} = 56 - (5\% \text{ of } 56) = 56 - 2.8 = 53.2 \] ### Step 4: Calculate the Total Discount The total discount given from the original marked price of 100 to the final selling price of 53.2 is: \[ \text{Total Discount} = \text{MP} - \text{Final SP} = 100 - 53.2 = 46.8 \] ### Step 5: Calculate the Single Equivalent Discount To find the single equivalent discount percentage: \[ \text{Single Discount} = \frac{\text{Total Discount}}{\text{MP}} = \frac{46.8}{100} = 0.468 \] ### Step 6: Round the Answer Rounding 0.468 to two decimal places gives us 0.47. ### Final Answer The single discount equivalent to successive discounts of 30%, 20%, and 5% is **0.47**. ---
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