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Heather33

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

  • 2 years ago
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  1. GT
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    1-(0.85)(0.93)

    • 2 years ago
  2. GT
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    So, it must be approximately 21%

    • 2 years ago
  3. MrYantho
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    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)

    • 2 years ago
  4. GT
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    ? * ?

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spraguer (Moderator)
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