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OpenStudy (anonymous):
if something starts out costing $500, and then is marked down by 25% on each of three seperate occasions, what is the final price?
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OpenStudy (abdullah1995):
Hi ! let's say you are selling this item to me and you offer me a discount of 25%. so 25% of $500 is \[(25/100)*500\]
OpenStudy (abdullah1995):
it turns out that 25% is 125. so 500-125 = $375. now repeat this process again and again to get 25% discount 3 times
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