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The price of a certain television set is discounted by 10% and the reduced price is then discounted by 10%. This series of successive discounts is equivalent to a single discount of
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- 20%
- 19%
- 18%
- 11%
Correct Option: B
As we know that ,
Equivalent single discount = | D1 + D2 − | % | |||
100 |
Single equivalent discount = | 10 + 10 − | % = 19% | |||
100 |