Multiple choice

If a shopkeeper gives successive discounts of 20%, 10% and 10% on a luxury good, then what is the net percentage of discount offered by him?

  1. 35.2%

  2. 40%

  3. 13.33%

  4. 3.52%

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let the price be 100 rupees. Then, after 20% discount, price = 80 rupees Now, again 10% discount, price = 80 - (80*10/100) = 72 rupees Now, again 10% discount, price=72 - (72*10/100) = 64.8 rupees So, total discount = 35.2 rupees Answer = 35.2% discount Hence, this option is correct.