Question

En una empresa se realizan dos descuentos sucesivos : el primero del 30% y luego otro del 10% para la venta de sus artículos ¿ cual es el descuento equivalente ?

Answer 1

If a company makes two discounts with one being made first and then another, the equivalent discount is 37%.

What was the equivalent discount?

Assume that the price of a good in the company was $10.

The initial discount of 30% takes the price to:

= 10 x ( 1  - 30%)

= $7

Then there is a 10% discount:

= 7 x (1 - 10%)

= $6.30

The equivalent discount is:

= (10 - 6.3) / 10

= 37%

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