Question

A store has clearance items that have been marked down by 55%. They are having a sale advertising an additional 40% off Clarence items what percentage of the original price do you end up paying?

Answer 1

9514 1404 393

Answer:

27%

Explanation:

The price multiplier for the first discount is (1 -55%) = 0.45.

The price multiplier for the second discount is (1 -40%) = 0.60.

Then the price multiplier for the two discounts together is ...

(0.45)(0.60) = 0.27

You end up paying 27% of the original price.