The price of an item is discounted 10 percent on day 1 of a sale. On day 2, the item is discounted another 20 percent, and on day 3, it is discounted an additional 40 percent. The price of the item on day 3 is what percentage of the sale price on day 1?
Answers
A) 28 %	B) 48 %	C) 64.8 %	D) 70 %	E) 72 %

Rationale: let initial price be 1000 price in day 1 after 10 % discount = 900 price in day 2 after 20 % discount = 720 price in day 3 after 40 % discount = 432 so , price in day 3 as percentage of the sale price on day 1 will be = 432 / 900 * 100 = > 48 % answer will definitely be ( b )
Answer: B