What single decimal multiplier would you use to decrease by 6% followed by a 9% decrease?
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Given:
- First decrement of
- Second decrement of
To Find:
- Single decimal multiplier for the decrement.
Solution:
Let' s assume
For the one single discount,
Formula of successive decrement is
decrement =
Putting the values
decrement =
=
=
=
Thus, the single decrement is
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