SOLUTION: A store has clearance items that have been marked down by 60%. They are having a sale, advertising an additional 40% off clearance items. What percent of the original price do you

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Question 1156006: A store has clearance items that have been marked down by 60%. They are having a sale, advertising an additional 40% off clearance items. What percent of the original price do you end up paying?
Give your answer accurate to at least one decimal place

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the original price
+p+-+.6p+ = 1st marked down price
+%28+p+-+.6p+%29+-+.4p+ = 2nd marked down price
-------------------------
+%28+p+-+.6p+%29+-+.4%2A%28+p+-+.6p+%29+
+.4p+-+.4%2A.4p+
+.4p+-+.16p+
+.24p+
You end up paying 24% of the original price
Get another opinion if needed