A store has clearance items that have been marked down by 55%. They are having a sale, advertising an additional 35% off clearance items. What percent of the original price do you end up paying?

Question

Harding

Business

8 February, 15:42

A store has clearance items that have been marked down by 55%. They are having a sale, advertising an additional 35% off clearance items. What percent of the original price do you end up paying?

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Answers (1)

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Cain · Answer 1

Answer:33.75%

Explanation:

Let's assume the price without discount is $100.

Now from the information given, we have $100-0.25*$100 = 0.75*$100

Which is 0.75 * $100 = $75 is the price after the first discount.

0.75 - 0.55*$75 = 0.45*$75

Now 0.45*75 = 33.75% which is the percentage of the original price.