SOLUTION: A store has clearance items that have been marked down by 45%. They are having a sale, advertising an additional 55% off clearance items. What percent of the original price do you
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Question 1173854: A store has clearance items that have been marked down by 45%. They are having a sale, advertising an additional 55% off clearance items. What percent of the original price do you end up paying?
After first discount, the sale price per item is 1-0.45 = 0.55 of its original price.
After second discount, the customer pays (1-0.55)*0.55 = 0.45*0.55 = 0.2475 of the original price,
or 24.75% of the original price. ANSWER