Question

The selling price of an item is ​$360. After 6 months of not​ selling, it is marked down by 10​%. After another 6 months of not​ selling, it is further marked down by 20​%. Find the sale price after both markdowns.

Answer 1

1st markdown = ​$324

2nd markdown = ​$259.20

Explanation:

current price = 360

1st 6 months = 10% down

= 90% of 360

= 324

2nd 6 month = 20% down of first 6 month

= 20% down of 324

= 80% of 324

= 259.20