SOLUTION: What single discount is equivalent to two successive discounts of 15% and 7%?

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Question 385093: What single discount is equivalent to two successive discounts of 15% and 7%?
Answer by scott8148(6628) About Me  (Show Source):
You can put this solution on YOUR website!
a 15% discount means 85% of the starting price

a 7% discount means 93% of the starting price

p * (.85) * (.93) = .7905p