Question

A store item is originally priced at $80. the item goes on sale at a 25% discount. two weeks later that sales price is marked down an additional 10%. what is the current price of the item?

Answer 1

First, the item goes on sale for 25% discount which means that the price will now be only 75% of the original price.

Case 1: Price = ($80)(0.75) = $60

Then, the item is sold for additional discount of 10% which the new price is only 90% of the supposed price.

Case 2: Price = ($60)(0.90) = $54

Answer: $54