Answer:
- $425
- i. $595 ii. $476
- First ski
Explanation:
1. The first ski was valued at $850 but was then given a 50% discount. The sales price will therefore be:
= 850 * ( 1 - 50%)
= 850 * 50%
= $425
2. The first one was first discounted by 30% so the sales price was:
= 850 * ( 1 - 30%)
= 850 * 70%
= $595
It was then marked down by a further 20%:
= 595 * ( 1 + 20%)
= $476
3. The first ski is a better option because the discount makes it cheaper than the second ski even after the second ski had been discounted twice.