document.write( "Question 1100327: A television set that originally cost $2340 was reduced in price by successive discounts of 20% 25% and 10%. What was the equivalent single rate of discount? \n" ); document.write( "
Algebra.Com's Answer #714845 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! I answered this very question a few days ago Question 1100013 \n" ); document.write( "It was posted in algebra in finance \n" ); document.write( "20% off means he paid 80% \n" ); document.write( "25% off means he paid 75% \n" ); document.write( "10% off means he paid 90% \n" ); document.write( "2340*.80*.75*.90=1263.60\r \n" ); document.write( "\n" ); document.write( "1263.60/2340=0.54 \n" ); document.write( "54% of original price is a discount of 46% \n" ); document.write( ".80*.75*.90=.54 \n" ); document.write( ".46*2340=1076.40 \n" ); document.write( "check \n" ); document.write( "2340-1076.40=1263.60 \n" ); document.write( "ok \n" ); document.write( " |