Question 1063339: The price for the certain item was decreased by 25% and then by 65%. By what percent was the price decreased? Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! The price for the certain item was decreased by 25% and then by 65%. By what percent was the price decreased?
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New price = Price*(1 - 0.25)*(1 - 0.65) = Price*0.75*0.35 = Price*0.2625
Decrease = 1 - 0.2625 = 0.7375
--> 73.75% decrease
