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A single discount equivalent to three successive discounts of 15%, 20% and 40% on the marked…

Paper 1 · Mathematical Reasoning and Aptitude UGC NET June 2024 Re-Exam (04.09.2024) Shift-II
A single discount equivalent to three successive discounts of 15%, 20% and 40% on the marked price of an article is:
A75%
B40.8%
C59.2% ✓ Correct
D67.5%
Correct answer: (C) 59.2% — The single equivalent discount is 59.2 percent, so that is the answer.
Explanation
The single equivalent discount is 59.2 percent, so that is the answer.
After 15, 20 and 40 percent, the remaining fractions are 0.85, 0.80 and 0.60.
Their product is 0.408.
So 40.8 percent of the price remains.
The discount is 100 minus 40.8, which is 59.2 percent.
Hence 59.2 percent is correct.

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