Correct option is C
Formula Used:
Successive Discount:
Net Discount=a+b−100ab
Buy X, Get Y Free:
Discount %=(X+YY)×100
Solution:
I. 15% and 30% successive discount:
15+30−10015×30=45−4.5=40.5%
II. Buy 3, Get 2 Free => Get 5 items, pay for 3
Discount %=(52)×100=40%
III. Buy 5, Get 3 Free => Get 8 items, pay for 5
Discount %=(83)×100=37.5%
Scheme I > Scheme II > Scheme III
So, Scheme I has the maximum discount percentage.
Thus, the correct answer is (c).