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Three successive discounts on the marked...

Three successive discounts on the marked price of an article turns out to be equivalent to a single discount of 19%. If the rates of the first and second discount are 10% and 4% respectively, what is the rate of the third discount?

A

`7.50%`

B

`6.25 %`

C

`6.00%`

D

`5.25 %`

Text Solution

Verified by Experts

The correct Answer is:
B
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