The price of a certain television set is discounted by 10 percent, and

Question

The price of a certain television set is discounted by 10 percent, and the reduced price is then discounted by 10 percent. This series of successive discounts is equivalent to a single discount of

(A) 20%
(B) 19%
(C) 18%
(D) 11%
(E) 10%

nutshell · Accepted Answer

Let the Original price be 100(Since all the values are in %, it is best to assume a value of 100)
Since the initial discount is 10%, the discounted price will be 90% of 100, giving a value of 90.
Since there is a further discount of 10%, the final discounted price will be (90% of 90) or 81.

Since there is a discount of 19%(100-81), answer is (B). :-D

Bunuel · Answer

SOLUTION

The price of a certain television set is discounted by 10 percent, and the reduced price is then discounted by 10 percent. This series of successive discounts is equivalent to a single discount of

(A) 20%
(B) 19%
(C) 18%
(D) 11%
(E) 10%

Say the original price of the TV was $p, then the final price would be  (0.9p)*0.9=0.81p . Therefore the original price was discounted by 19%.

Answer: B.

WoundedTiger · Answer

The price of a certain television set is discounted by 10 percent, and the reduced price is then discounted by 10 percent. This series of successive discounts is equivalent to a single discount of

(A) 20%
(B) 19%
(C) 18%
(D) 11%
(E) 10%

Sol:

Let the price of telvision be 100 and then after first discount price becomes 90 and then again it is discounted by 10% (105 of 90 is 9) so price of telvision becomes 81

So a single discount will be of 19%.

Ans B

pvergadia · Answer

This is a simple question but you could also use a formula Z (Final percentage change) = X+Y+X*Y/100.
X=-10, Y=-10
z= -19 (19% decrease)

ArnauG · Answer

To find the equivalent single discount after applying two successive discounts, we can use the concept of a net discount.

Given:
First discount = 10%
Second discount = 10%

To calculate the net discount, we can use the formula:

Net Discount = (Discount 1 + Discount 2 - (Discount 1 * Discount 2)) * 100% = (10% + 10% - (10% * 10%)) * 100% = (10% + 10% - 1%) * 100% = 19% * 100% = 19%

Therefore, the series of successive discounts is equivalent to a single discount of 19%, which corresponds to option (B) in the given choices.

totaltestprepNick · Answer

B https://www.youtube.com/watch?v=6zFsg1keTK4 Nick Slavkovich, GMAT/GRE tutor with 20+ years of experience tutoring@totaltestprep.net

The price of a certain television set is discounted by 10 percent, and

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