SOLUTION: A purse sold for $698 is now on sale and markdown 25% during the sale the purse is scratch and is reduced additional 20% off the selling price. What is the total discount amount?

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons -> SOLUTION: A purse sold for $698 is now on sale and markdown 25% during the sale the purse is scratch and is reduced additional 20% off the selling price. What is the total discount amount?      Log On


   

Question 706220: A purse sold for $698 is now on sale and markdown 25% during the sale the purse is scratch and is reduced additional 20% off the selling price. What is the total discount amount?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The marked down price is +698+-+.25%2A698+=+.75%2A698+
+.75%2A698+=+523.5+
$523.50
Then it is reduced by 20%, the reduced price is:
+523.5+-+.2%2A523.5+=+.8%2A523.5+
+.8%2A523.5+=+418.8+
The total discount amount is +698+-+418.8+=+279.2+
$279.20 discount