Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

Heather33

  • 4 years ago

What single discount is equivalent to two successive discounts of 15% and 7%?

  • This Question is Closed
  1. GT
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    1-(0.85)(0.93)

  2. GT
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    So, it must be approximately 21%

  3. MrYantho
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    We can use an example where we have $100 \[(100*0.85)*(0.93)=79.05\] So this is the same as a single discount of 20.95% since (100-79.05)

  4. GT
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    ? * ?

  5. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy