Question

The selling price of an item is $440. After 6 months of not selling it is marked down by 20%. After another 6 months it is marked down by another 10%

Answer 1

the answer should be $211.2 or $211 when rounded

Explanation:

1. The original price is $440

2. There is a 20% discount

3. The discount is increased by 10%, making it a 30% discount

first you need to do $400 * (100% - 30% - 10%) = $280

$400 * 60% = $280

This is assuming that in this case "further marked down" means the 10% discount is added to the original 20% discount to make a 30% discount. However this could mean the price after the first markdown gets the 10% discount which would get different result:

$440 * 60% = $264

$264 * 80% = $211.2 or $211 when rounded