SOLUTION: If selling price of jewelry is $450 and is marked down by 18% in clearance sale and marked down by 8% further. It was not sold and then marked down further to price 60% off the ori

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Question 1175073: If selling price of jewelry is $450 and is marked down by 18% in clearance sale and marked down by 8% further. It was not sold and then marked down further to price 60% off the original selling price then the final selling price of jewelry set is
Found 4 solutions by ewatrrr, Boreal, ikleyn, greenestamps:
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi  
original Price=  $450 
... then marked down further to price 60% off the original selling price
.60($480) = $270off
  $480-$270 = $210
Wish You the Best in your Studies.


Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
One way is to do it all by percentages and convert at the end.
Starts with price of x
loses 18%, so 0.82x
then loses 8% of that or 6.56%, so now 75.44%x left
Then loses 60% more or 75.44*0.60=45.264% lost or 30.176% left
multiply that by the original price and get $135.79.
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A second way or a check is
$450*0.18=$81 discount, so now selling for $369
mark down 8% and that is $29.52 less, so selling price is now $339.48
Now mark that down 60% and discount is $203.688 or $203.69
Subtract that from $339.48 and get $135.79

Answer by ikleyn(52788) About Me  (Show Source):
Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


I'm sorry that you as the student are subjected to so many incorrect responses to your post.

The problem says the jewelry set was reduced to "60% OFF THE ORIGINAL PRICE". Any previous price discounts are irrelevant.

One tutor approached the problem correctly but then used the wrong numbers.
Another tutor did a whole bunch of unnecessary calculations involving the earlier discounts.
A third tutor misread the problem as saying that the final price was 60% OF the original price. (And proclaimed that you should reject any answer other than her wrong answer....!)

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60% OFF the original price means the final price was 40% OF the original price. The final price was

0.40($450) = $180