Question

What is equivalent discount of three successive discount of 10 percent, 3 percent , 2 percent

Answer 1

Answer:

14.446%

Step-by-step explanation:

(1 - 1*(1-10/100)(1-3/100)(1-2/100))*100

=( 1 - (0.9)(0.97)(0.98))*100

= (1-0.85554)*100

= 0.14446*100

= 14.446%