Bouncing ball

A ball is dropped from a height, and every time it hits the ground, it bounces to 3/5 of the height from which it fell.
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Problem



A ball is dropped from a height of 125 cm. Each time it hits the ground, it bounces to $\frac{3}{5}$ of the height from which it fell.

How high does it bounce after hitting the ground the third time?

This problem is adapted from the World Mathematics Championships