What is the single equivalent discount for three successive discounts of 10%, 20%, and 25%? MCQ with Answer and Explanation

What is the single equivalent discount for three successive discounts of 10%, 20%, and 25%?

A. 50%

B. 46%

C. 45%

D. 55%

Answer: Option B

Solution (By JKExamLibrary)

Let Marked Price = 100. Price after 10% discount = 90. Price after 20% discount = 90 * 0.80 = 72. Price after 25% discount = 72 * 0.75 = 54. Total discount = 100 - 54 = 46. Equivalent discount percentage = 46%.

This question belongs to: Maths Profit And Loss

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Practice More Profit And Loss Questions

Question #1 Report Error

A person buys 2 kg of sugar at Rs. 40 per kg and 3 kg at Rs. 50 per kg. He mixes and sells at Rs. 60 per kg. What is his profit percentage?

A. 45%

B. 30%

C. 35%

D. 40%

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Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #2 Report Error

A man sold a mobile for Rs. 15000, gaining 25%. Find the cost price.

A. Rs. 12500

B. Rs. 12000

C. Rs. 13000

D. Rs. 11500

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Correct Answer: Option B

Explanation:
CP = 15000 / 1.25 = 12000.

This question belongs to: Maths Profit And Loss

Question #3 Report Error

A trader marks his goods 50% above cost and gives a discount of 30%. What is his profit percent?

A. 15%

B. 10%

C. 20%

D. 5%

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Correct Answer: Option D

Explanation:
Let CP = 100, MP = 150, SP = 150*0.7 = 105, profit = 5%.

This question belongs to: Maths Profit And Loss

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