Question
What is the single discount equivalent to the successive
discounts of 10%, 20%, and 15%?Solution
Given - 10%, 20%, and 15% successive discount of the first two- =10+20-(10×20)/100 =30-2 =28% so now 28%and 15% =28+15 -(28×15)/100 =43-4.20 = 38.8%
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