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During a sale at a furniture store, sofas were marked down 30%. You have a coupon for an additional 15% off. What is the final price of a sofa that originally cost $550? Please say it step by clearly.​

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Final answer:

The final price of the sofa that originally cost $550, after a 30% discount and an additional 15% off coupon, is $327.25.

Step-by-step explanation:

To find the final price of the sofa, we need to calculate the discount applied and then subtract it from the original price. First, we find the discount of 30% by multiplying $550 (the original price) by 0.3:

Discount = $550 × 0.3 = $165

Next, we subtract the discount from the original price to get the sale price:

Sale price = $550 - $165 = $385

Lastly, we apply the additional 15% off coupon. We find the discount by multiplying $385 (the sale price) by 0.15:

Discount = $385 × 0.15 = $57.75

Finally, we subtract the discount from the sale price to get the final price:

Final price = $385 - $57.75 = $327.25

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