Three successive discounts of 10%, 25% and 35% on the marked price of an item are equivalent to a single discount of:
A~ 56.1% ✓ Correct
B~ 43.9%
C70%
D~ 50.2%
Correct answer: (A) ~ 56.1%
Explanation
The single equivalent discount is about 56.1%.
Successive discounts multiply the retained fractions of the price.
Retained fraction = 0.90 x 0.75 x 0.65.
This equals 0.43875, so 43.875% of the price remains.
Discount = 100% - 43.875% = 56.125%, about 56.1%.
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