The price of an item has been lowered two times, each time by %.
Find , if the final price of the item is % lower than the starting price.
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Let's say that the price of an item is x . Then, we can make an equation:
x ( 1 − 1 0 0 p ) 2 = x ( 1 − 1 0 0 1 9 ) , x cancel out and we are left with:
( 1 − 1 0 0 p ) 2 = 0 . 8 1 , we take square root from both sides:
1 − 1 0 0 p = 0 . 9
− 1 0 0 p = − 0 . 1
p = 1 0