Three equal successive discount percent allows on an article affect as single discount of 48.8%, find each equal discount percent.
Answer & explanation
Correct answer: option 3
Go through the options
Option (III) 20 % → \(\frac{1}{5}\)
5 4
5 4
5 4
------- ------
125 64
↓ ↓
--------------
61
\(\frac{61}{125}\) × 100 = 48.8% (satisfied)