The successive discount of 25%, 20% and 10% is equivelant to a single discount of:
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SSC CPO 12th-March-2019-Shift-2
Explanation:
- To find the equivalent single discount from successive discounts, we use the formula:
Total discount = 1 - (1 - d1)(1 - d2)(1 - d3)
where d1, d2, and d3 are the successive discounts.
- Applying the successive discounts 25%, 20%, and 10%:
Total discount = 1 - (0.75 * 0.80 * 0.90)
Total discount = 1 - 0.54
Total discount = 0.46, or 46%.
- Option 2: 46% is the correct answer.
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