SOLUTION: What single discount is equivalent to two successive discounts of 10% and 15%?

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Question 697355: What single discount is equivalent to two successive discounts of 10% and 15%?

Answer by lynnlo(4176) About Me  (Show Source):
You can put this solution on YOUR website!
discount rate is 23.5%
based on 100
10% off 100 is 90
15% off 90 is 76.5
so 100-76.5=23.5