Question

A 42 inch Plasma TV first hit the market at a price of 1800. After the holidays it was reduced by 20% and finally the price was slashed another 25%. What was the final price of the TV?

Answer 1

9514 1404 393

Answer:

1080

Explanation:

The first price reduction reduced the price to (1 -20%) = 0.80 times the original. The second price reduction reduced the price to ...

0.80(1 -25%) = 0.80×0.75 = 0.60

times the original.

The final price was ...

1800 × 0.60 = 1080