Allied & ICAR Exam Bank • ALLIED_2071 NAT • 1 Mark

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

The equivalent single discount for three successive discounts of 10%, 20%, and 50% is:

Answer Key:

64

Step-by-Step Solution & Explanation

Net price factor $= (1 - 0.10)(1 - 0.20)(1 - 0.50) = 0.9 \times 0.8 \times 0.5 = 0.36$. Single discount $= (1 - 0.36) \times 100 = 64\%$.
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