Find the single discount equivalent to three successive discounts of 10% on a commodity.
- AOption (a)
25.8%
- BOption (b)
27.1%
- COption (c)
28.2%
- DOption (d)
26.9%
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Correct answer
27.1%
Why this answer is correct

Shortcut Trick
Use the Ratio Method: 10% discount = 1/10 (MP = 10, SP = 9).
For three successive discounts: (10 × 10 × 10) : (9 × 9 × 9) ⇒ 1000 : 729.
Total discount = 1000 − 729 = 271 units.
Equivalent discount % = (271 ÷ 1000) × 100 = 27.1%.
∴ The correct answer is 27.1%.

Alternate Method
Given: Three successive discounts of 10% each.
Formula: Net Discount for two successive discounts a and b = (a + b − (a × b ÷ 100))%.

⇒ Let the Marked Price (MP) be ₹100.
⇒ First discount = 10% of 100 = ₹10. Price becomes = 100 − 10 = ₹90.
⇒ Second discount = 10% of 90 = ₹9. Price becomes = 90 − 9 = ₹81.
⇒ Third discount = 10% of 81 = ₹8.1. Price becomes = 81 − 8.1 = ₹72.9.
⇒ Total Single Discount = MP − Final Selling Price (SP)
⇒ Total Discount = 100 − 72.9 = 27.1.
⇒ Equivalent Discount Percentage = (27.1 ÷ 100) × 100 = 27.1%.
∴ The correct answer is 27.1%.

Additional Information
Successive Discount for n periods
The final multiplier for successive discounts d1, d2, ... dn is (1 − d1/100) × (1 − d2/100) × ... × (1 − dn/100).
Difference between Discount and Profit
Discount is always calculated on the Marked Price (MP), while Profit or Loss is calculated on the Cost Price (CP).
Mark-up Percentage
The percentage by which the cost price is increased to set the marked price: Mark-up % = [(MP − CP) ÷ CP] × 100.













