A discount series of 10% ,20%,40%is equivalent to a single discount of
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Let the initial price of the article be
After a discount of the new price of the article will be,
After a discount of the new price of the article will be,
From (1),
After a discount of the new price of the article will be,
From (2),
So the single discount of this reduction is,
From (3),
So the discount series is equivalent to a single discount of
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