Civil Service Exam Reviewer · Percentage · hard
A store gives successive discounts of 15% and 10%. What single discount is equivalent to these?
- 23.5%
- 25%
- 1.5%
- 12.5%
Answer
A. 23.5%
Solution
Remaining price = (1 − 0.15)(1 − 0.1) = 0.765. Equivalent discount = 23.5%.
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