Question

A shop has a slae that offers 20% off all prices On the final day they reduce all the sale prices by 25% Linz buys a radio on the final day Work out the overall percentage reduction on the price of the radio

Answer 1

40%

Explanation:

We would use an example

assume the price of the radio is 100

After the initial price reduction, it would be worth (100 - 20%) 80% of the price

0.8 x 100 = 80

After second price reduction it would be worth (100 - 25% ) 75% of the price

0.75 x 80 = 60

Price change = (new price after all the discounts / original price) - 1

(60/100) - 1 = -0.4