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by Deepthi Subbu » Sun Aug 25, 2013 8:40 am
An item is first discounted by 1 percent and then discounted by 2 percent. Then the price after both discounts, if the original price of the item is p, is p(1-0.01)(1-0.02). Is that right?
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by Brent@GMATPrepNow » Sun Aug 25, 2013 8:52 am
Deepthi Subbu wrote:An item is first discounted by 1 percent and then discounted by 2 percent. Then the price after both discounts, if the original price of the item is p, is p(1-0.01)(1-0.02). Is that right?
Perfect! In other words, the final price is (p)(0.99)(0.98)

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Brent
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by Deepthi Subbu » Mon Aug 26, 2013 10:32 pm
Thanks Brent.
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