If successive discounts are 15%, 10% and 10% then, what is its single equivalent discount?
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Step-by-step explanation:
Bunuel wrote: What single discount is equivalent to two successive discounts of 10% and 15%? Ater an item is discounted by 10% and 15%, the price of the item is 0.9 x 0.85 = 0.765 of the original price. Thus, it is discounted by 1 - 0.765 = 0.235 = 23.5%.
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