For successive dicount we know that,
A+B-$$\frac{\left(A\times\ B\right)}{100}$$
accordingly,
1st 25% & 20%
$$25+20-\left(\frac{\left(25\times\ 20\right)}{100}\right)=40\%$$
now 40 % & 10%
$$40+10-\left(\frac{\left(40\times\ 10\right)}{100}\right)=46\%$$ Ans
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