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The price of a DVD Player is discounted by 10 percent, and the reduced price is then discounted again by 10 percent. The series of successive discounts is equivalent to a single discount of ----

The price of a DVD Player is discounted by 10 percent, and the reduced price is then discounted again by 10 percent. The series of successive discounts is equivalent to a single discount of ---- Correct Answer 19%

As we know that , Equivalent single discount = D1 + D2 − D1 × D2 % 100 Single equivalent discount = 10 + 10 − 10 × 10 % = 19% 100

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