Successive discounts of and on an invoice is the same as a single discount of
Successive discounts of and on an invoice is the same as a single discount of
Solution
✅ Correct Option: 1
Take the original price as 100, since we want the answer as a percentage.
After the first discount of , the price left is
The second discount of applies to this reduced price:
Since we started from 100, this number is already the percentage:
The minus sign makes sense, because the second discount is taken on a smaller price, so you save a little less than .