The price of a certain 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 certain 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---

A 20%

B 19%

C /18%

D 11%

Solution

Correct Answer: Option B