SOLUTION: Find the equivalent discount of 5%, 10% & 15%

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Question 1058738: Find the equivalent discount of 5%, 10% & 15%
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Say you start out with $100
+100+-+.05%2A100+=+100+-+5+
+100+-+5+=+95+
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+95+-+.1%2A95+=+95+-+9.5+
+95+-+9.5+=+85.5+
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+85.5+-+.15%2A85.5+=+85.5+-+12.825+
+85.5+-+12.825+=+72.675+
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Find equivilant discount:
+100+-+72.675+=+27.325+
and
+27.325+%2F+100+=+.2733
27.33 % discount
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Check my math, too