SOLUTION: successive discount of 20% and15% are equal to a single discount of?
Algebra
->
Customizable Word Problem Solvers
->
Finance
-> SOLUTION: successive discount of 20% and15% are equal to a single discount of?
Log On
Ad:
Over 600 Algebra Word Problems at edhelper.com
Word Problems: Money, Business and Interest
Word
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Money Word Problems
Question 679663
:
successive discount of 20% and15% are equal
to a single discount of?
Answer by
RichardMathsTutor(3)
(
Show Source
):
You can
put this solution on YOUR website!
discount of 20% = 1-0.2 = 0.8
discount of 15% = 1-0.15 = 0.85
successive discounts of 20% and 15% = 0.8*0.85 = 0.68 = 32% discount