Question

A store has clearance items that have been marked down by 60%. They are having a sale, advertising an additional 55% off clearance items. What percent of the original price do you end up paying?

Answer 1

We pay 18 percent of the original price

Explanation:

Let x = the original price

We get 60 % off on clearance

That means we pay 100-60 = 40 % of the original price

New price = .4x

Now we get an additional discount of 55% off the new price.

100-55 = .45

We will have to pay 45% of the new price

.45 (.4x) = .18 x

We pay 18 percent of the original price