SOLUTION: After christmas, a store reduces all holiday items by 50% A week later, all remaining holiday merchandise is reduced by 50% again. What is the overall reduction?

SOLUTION: After christmas, a store reduces all holiday items by 50% A week later, all remaining holiday merchandise is reduced by 50% again. What is the overall reduction?

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Question 836095: After christmas, a store reduces all holiday items by 50% A week later, all remaining holiday merchandise is reduced by 50% again. What is the overall reduction?
Answer by checkley79(3341) (Show Source): You can put this solution on YOUR website!
LET X BE THE ORIGINAL PRICE
.50(.50*X)=.25X IS THE FINAL PRICE.
THUS THE REDUCTION WAS 1-.25=.75% REDUCTION
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