Question Details

Three successive discounts of 30% on the marked piece of an item are together equivalent to a single discount of.

Options

A

90%

B

27%

C

65.7%

D

78.2%

Show Answer

Correct Answer :

Option C

65.7%

Solution :

The correct option is 65.7%.

To find the single equivalent discount of three successive discounts of 30%, let us assume the initial marked price of the item is 100.

After the first discount of 30%, the price becomes:
100 ( 30 %  of  100 ) = 100 30 = 70

After the second discount of 30%, the price becomes:
70 ( 30 %  of  70 ) = 70 21 = 49

After the third discount of 30%, the final price becomes:
49 ( 30 %  of  49) = 49 14.7 = 34.3

The total discount amount on the original price of 100 is:
100 34.3 = 65.7

Since the initial marked price was 100, a total discount of 65.7 is equivalent to a single discount of 65.7%.

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