SOLUTION: A television's price was discounted 40% and then slashed another 40% during a liquidation sale. By what percent has the original price been reduced?

SOLUTION: A television's price was discounted 40% and then slashed another 40% during a liquidation sale. By what percent has the original price been reduced?

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Question 339144: A television's price was discounted 40% and then slashed another 40% during a liquidation sale. By what percent has the original price been reduced?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Originally the price was .
After the first discount the price was
After the second discount, the price was
.
.
.
You are now paying 36% of the original price so the price has been reduced 64%.
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