Question

The price of a skateboard, which normally sells for $50,, was decreased by 10% then decreased again by 10%, then increased by 10%. What was the overallchange in the price of the skateboard?

Answer 1

The price dropped by $5.45.

Explanation:

Initial price = $50.00

Less 10 % = -5.00

1st sale price = 45.00

Less 10% = -4.50

2nd sale price = 40.50

Plus 10 % = +4.05

Final price = $44.55

Change in price = final - initial

= 44.55 - 50.00

= -$5.45

The price dropped by $5.45.