If the successive discounts be 20% , 10% and 5% , then the single equivalent rate of discount is
A) 31.6% B) 31.5% C) 31% D) 31.4%
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Answer:
31.6
Step-by-step explanation:
x price becomes 0. 8x after 20 percent discount
0.8 x price becomes 0. 72 x after 10 percent discount
. 72x price becomes 0. 684 x after 5 percent discount
equivalent discount (x- 0.684 x) *100 = 31.6
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