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What is 30% of 40% of 500?

Q: What is 30% of 40% of 500?

Correct Answer: 60. 40% of 500 = 200. 30% of 200 = 60. Successive percentages require applying one percentage to the result of another. This type appears in successive discount problems population growth and data interpretation. Never add the percentages directly as 70% of 500 gives the wrong answer of 350.

A 50
B 60
C 70
D 80

Correct Answer: Option B — 60

Explanation: 40% of 500 = 200. 30% of 200 = 60. Successive percentages require applying one percentage to the result of another. This type appears in successive discount problems population growth and data interpretation. Never add the percentages directly as 70% of 500 gives the wrong answer of 350.

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