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What will be a single discount equivalent to a series of discounts of 10 percent, 20…

Paper 1 · Mathematical Reasoning and Aptitude UGC NET December 2021 June 2022 (09.07.2022) Shift-II
What will be a single discount equivalent to a series of discounts of 10 percent, 20 percent and 30 percent?
A50.40 percent
B49.6 percent ✓ Correct
C20 percent
D45 percent
Correct answer: (B) 49.6 percent — The single equivalent discount is 49.6 percent.
Explanation
The single equivalent discount is 49.6 percent.
Apply the discounts one after another to a starting price of 100.
A 10 percent discount leaves 90.
A 20 percent discount on 90 leaves 72.
A 30 percent discount on 72 leaves 50.4.
So the final price is 50.4, meaning the total discount is 100 minus 50.4, or 49.6 percent.
Successive discounts multiply the remaining fractions rather than simply adding up.

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