Why taking a series of markdowns is not the same

Reference no: EM13196223

explain why taking a series of markdowns is not the same as taking the total sum of the same markdowns. for example a markdown of 25% followed by a 30% is not the same as a 55% total markdown.

Reference no: EM13196223

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Why taking a series of markdowns is not the same : explain why taking a series of markdowns is not the same as taking the total sum of the same markdowns. for example a markdown of 25% followed by a 30% is not the same as a 55% total markdown.

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