25% of 25% Is Equal To
25% of 25% means
25/100 of 25/100
i.e, 1/4 of 1/4
or in other words 1/4 x 1/4=1/16
Hence, the answer is 1/16 = 0.0625.
20% discount is offered on an item. By applying a promo code the customer wins 5% cash back. What is the effective discount?
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