MCQOPTIONS
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				| 1. | 
                                    If the successive discounts be 20% , 10% and 5% , then the single equivalent rate of discount is | 
                            
| A. | 0.316 | 
| B. | 0.315 | 
| C. | 0.31 | 
| D. | 0.314 | 
| Answer» B. 0.315 | |