SOLUTION: After two successive discounts of 40% and 50% to an item,what percent of the original price is the final price? Please show the solution.

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Question 631376: After two successive discounts of 40% and 50% to an item,what percent of the original price is the final price? Please show the solution.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Suppose the item originally costs $100
After the 1st discount:
+100+-+.4%2A100+=+60+
After the 2nd discount:
+60+-+.5%2A60+=+30+
and
+%2830%2F100%29%2A100+=+30+
The final price is 30% of the original price