Question
What is the single discount equivalent to the successive
discounts of 15%, 25%, and 5%?Solution
Given - 15%, 25%, and 5% successive discount of the first two- =25+15-(15×25)/100 =40-3.75 =36.25% so now 36.25%and 5% =36.25+5 -(36.25×5)/100 =41.25-1.8125 = 39.4%
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