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Sagot :
Answer: No
Step-by-step explanation:
20% decrease in price refers to the
[tex](1-20\%)=(1-0.2)=0.8[/tex]
i.e. 0.8 times the original price
while a successive decrease of 10% refers to
[tex](1-10\%)(1-10\%)=(1-0.1)(1-0.1)=0.9\times0.9=0.81[/tex]
0.81 times of original price
So, a 20% discount is a bigger discount than two 10% discounts
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