Find the single discount which is equivalent to three successive discounts of 20%, 10% and 5%. Hence, find the selling price of an article marked at Rs. 250.
A
31.6%; Rs. 171
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B
31.8%; Rs. 171
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C
31.6%; Rs. 178
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D
31.6%; Rs. 71
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Solution
The correct options are A31.6%; Rs. 171 B31.8%; Rs. 171 Given marked price is Rs 250 Selling price after Ist discount =100-20=80 Rs Selling price after 1st discount=80×250100=200Rs Selling price after 2nd discount=Selling price after 2nd discount=90×200100=180Rs Selling price after third discount=95×280100=171Rs Total discount = 250-171=79 Rs % of total discuont =Selling price after 2nd discount=79×100250=31.6%