14. Find a single discount equivalent to three successive discounts of

1.	14. Find a single discount equivalent to three successive discounts of 20%, 5% and 1%.
Answer» 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%

14. Find a single discount equivalent to three successive discounts of 20%, 5% and 1%.

Answer»

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%