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)\"\" \"About 
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( "
\n" );