SOLUTION: A store has clearance items that have been marked down 30%. They are having a sale, advertising an additional 60% off clearance items. What percentage of the original price do you
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-> SOLUTION: A store has clearance items that have been marked down 30%. They are having a sale, advertising an additional 60% off clearance items. What percentage of the original price do you
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Question 1174842: A store has clearance items that have been marked down 30%. They are having a sale, advertising an additional 60% off clearance items. What percentage of the original price do you end up paying? Answer by ikleyn(52788) (Show Source):
The discounted price after two-step discount is (1-0.3)*(1-0.6) = 0.7*0.4 = 0.28 of the original price.
ANSWER. After the two-step discount, you pay only 28% of the original price.
