Question 507746: What single discount is equivalent to two successive discounts of 11% and 8%?
Answer by oberobic(2304)   (Show Source):
You can put this solution on YOUR website! p = price
11% discount means the price is 89% of the original
8% discount means the price is 92% of the original
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(.89 * p)*.92 = .8188
1 - .8188 = 1812.
18.12% discount is equivalent to an initial 11% discount followed by an 8% discount.
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To check, pick a value.
Say $10.
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.89* $10 = 8.90
.92* $8.90 = 8.188
Correct.
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Answer: A single discount of 18.12% is equivalent to an 11% discount followed by an 8% discount.
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Done.
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