The single discount equal to three consecutive discounts of 10%, 12% and 5% is
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In 10% discount the price of 100 unit drops to 90 units.
12% more drop decreases it to 90×88/100 = 79.2 unit
5% more drop decreases it to 79.2×95/100 = 75.24
So, the total drop is 100 - 75.24 = 24.76%
12% more drop decreases it to 90×88/100 = 79.2 unit
5% more drop decreases it to 79.2×95/100 = 75.24
So, the total drop is 100 - 75.24 = 24.76%
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