successive discounts of 10%, 12% and 15% amount to a single discount of :
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[100-10]% =90% of 100= 90
[100-12]% = 88% of 90=79.2
[100-15]% =85% of 79.2=67.32
so 100-67.32=32.68
Therefore, Required discount= 32.68% ANS
OR
Here r1= 10%, r2 = 12% and r3 =15
formula for single discount from Successive discounts is
= [1−(1−r1/100)(1−r2/100)(1−r3/100)]×100%
= [1−(1−10/100)(1−12/100)(1−15/100)]×100%
= [1−(90/100)(88/100)(85/100)]×100%
= (1−[0.9×0.88×0.85])×100%
= [1−0.6732]×100%
=0.3268×100%
Therefore, Required discount=32.68% ANS
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