Question

On Monday, a skirt was priced at $60.00. On Wednesday, the price was reduced by 15%. Two weeks later, the price was further reduced by 20%. What percent of the original price is this last price?

A) 52%
B) 55%
C) 60%
D) 64%

Answer 1

The last price is 68% of the original price.

Step-by-step explanation:

To find the percent of the original price, we need to calculate the final price after the two reductions and then determine what percent it is of the original price. Let's start with the first reduction. If the price was reduced by 15%, then the price on Wednesday would be 85% of the original price. To calculate this, we can multiply the original price by 0.85. So, the price on Wednesday would be $60.00 * 0.85 = $51.00.

Next, let's calculate the final price after the second reduction. If the price was reduced by 20%, then the price after two weeks would be 80% of the price on Wednesday. To calculate this, we can multiply $51.00 by 0.80. So, the final price would be $51.00 * 0.80 = $40.80.

Finally, to find what percent the final price is of the original price, we can divide the final price by the original price and multiply by 100. So, $40.80 / $60.00 * 100 = 68%. Therefore, the last price is 68% of the original price.