Series of discounts of\(10\%, 20\% and 40\%\)
Let the original number be 100.
After applying a series of discount
\(100(1-10\%) (1-20\%)(1-40\%)\)
\(\frac{90}{100}\times\frac{80}{100}\times\frac{60}{100}\times100\)
\(43.2\%\)
The required discount =\(100-43.2\)
Discount =\(56.80%\)
\(56.80\%\)is a single discount of this series.
The correct answer is (B):\(56.80\%\)
List-I | List-II |
---|---|
(A) Confidence level | (I) Percentage of all possible samples that can be expected to include the true population parameter |
(B) Significance level | (III) The probability of making a wrong decision when the null hypothesis is true |
(C) Confidence interval | (II) Range that could be expected to contain the population parameter of interest |
(D) Standard error | (IV) The standard deviation of the sampling distribution of a statistic |