Question 1187592
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<pre>

The price is  6500*0.95               after the 1st discount.


The price is  (6500*0.95)*0.9         after the 2nd discount.


The price is  ((6500*0.95)*0.9)*0.88  after the 3rd discount.


The net price is  6500*(0.95*0.9*0.88) = 6500*0.7524 = 4890.60.    <U>ANSWER</U>


The number  0.7524  is the effective price-reducing factor.  It is the value, which YOU WANT to see.
</pre>

Solved and explained in all details.


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On chain discounts, &nbsp;see the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Percentage-problems-on-chains-of-discounts.lesson>Percentage problems on chains of discounts</A> 

in this site.