Find a single discount equivalent to a series of discounts of 20 percent, 10 percent and 5 percent.
A30%
B31.6% ✓ Correct
C30.6%
D32%
Correct answer: (B) 31.6%
Explanation
The single discount is 31.6%.
Apply the factors: 0.80 x 0.90 x 0.95.
This product = 0.684.
Discount = 1 - 0.684 = 0.316.
As a percent that is 31.6%.
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