14. Find a single discount equivalent to three successive discounts of 20%, 5% and 1%.
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Answer:
24.76%
Step-by-step explanation:
Let the Marked Price be Rs.100.
Price after first discount = 80% of 100 = Rs.80
Price after second discount = 95% of 80 = Rs.76
Price after third discount = 99% of 76 = Rs.75.24
Hence, total discount = Rs.(100-75.24) = Rs.24.76
Therefore, the single discount will be 24.76%
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