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

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

A 20

B 19

C 18

D 21

E None of these

Solution

Correct Answer: Option B