If three successive discounts of 20%, 30% and 40% are given, then what will be the net discount (in percentage)?
Let marked price = Rs. $$100$$
After 1st discount of 20%, price = $$100-(\frac{20}{100}\times100)$$
= $$100-20=80$$
After 2nd discount of 30% (on changed price), selling price = $$80-(\frac{30}{100}\times80)$$
= $$80-24=Rs.$$ $$56$$
After 3rd discount of 40%, net selling price = $$56-(\frac{40}{100}\times56)$$
= $$56-22.4=Rs.$$ $$33.6$$
$$\therefore$$ Net discount = $$\frac{(100-33.6)}{100}\times100=66.4\%$$
=> Ans - (D)
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