A trader gives successive discounts of 10%, 20% and 10% respectively. The percentage of the original cost price he will recover is:
Question
Solution 1
To solve this problem, we need to understand that successive discounts are not additive, but multiplicative. Here's how to calculate it:
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Start with the original price as 100%.
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The first discount is 10%, so the price becomes 90% of the original (100% - 10% = 90%).
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The second discount is Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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