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Question

Quantitative Aptitude Question on Percentage

A discount series of 10%10\%, 20%20\% and 40%40\% is equal to a single discount of:

A

50.00%50.00\%

B

56.80%56.80\%

C

70.00%70.00\%

D

70.28%70.28\%

Answer

56.80%56.80\%

Explanation

Solution

Series of discounts of10%,20%and40%10\%, 20\% and 40\%
Let the original number be 100.
After applying a series of discount
100(110%)(120%)(140%)100(1-10\%) (1-20\%)(1-40\%)
90100×80100×60100×100\frac{90}{100}\times\frac{80}{100}\times\frac{60}{100}\times100
43.2%43.2\%
The required discount =10043.2100-43.2
Discount =56.8056.80%
56.80%56.80\%is a single discount of this series.
The correct answer is (B):56.80%56.80\%