Question

What is the final price of a $600 item that is marked down 50% and then marked down 30%?

1) $210
2) $252
3) $294
4) $336

Answer 1

The final price of a $600 item that is marked down 50% and then marked down 30% is (Option 1) $210.

Step-by-step explanation:

To find the final price of a $600 item that is marked down by 50% and then marked down by 30%, we can use the formula:

Final Price = Original Price - (Original Price * Marked Down Percentage)

First, we calculate the price after the first markdown:

Price after 50% markdown = $600 - ($600 * 0.5) = $300

Then, we calculate the price after the second markdown:

Price after 30% markdown = $300 - ($300 * 0.3) = $210

Therefore, the final price of the $600 item after the two markdowns is $210.