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Solutions
GIVEN:
Successive discounts = 20% , 10% and 5%
FORMULA USED:
Successive discount = X + Y - (XY)/100
Where,
X = First discount
Y = Second discount.
CALCULATION:
Let us take first two discounts i.e. X = 20%, Y = 10%.
⇒ Successive discount
⇒ X + Y - (X Y)/100
⇒ 20 + 10 - (20 × 10 )/100 = (30 - 2) = 28%.
Now, Again X = 28% , Y = 5%
Successive discount
⇒ X + Y - (X × Y)/100
⇒ 28 + 5 - (140/100) = (33 - 1.4) = 31.6%.
Hence, one single equivalent discount is 31.60%.
Shortcut Trick
Let MP be 100
SP after discount = 100 × 80% × 90% × 95%
⇒ 68.4.
Hence, Discount = 100 - 68.4 = 31.6
∴ Discount% = 31.6%