Question

25 successive discounts of 4%, 8%, 12%, 16%... would mean a net discount of how many percent?

Answer 1

Step-by-step explanation:

let us consider a product which mark price is 1000 rs. now apply discount on it

1000×96/100×92/100×88/100×...............×100/100

1000×24/25×23/25×22/25× .............×1

1000×24×23×22..../25×25×25......