SOLUTION: A merchant was selling an item at a certain price, and then markes it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If t
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Question 876578: A merchant was selling an item at a certain price, and then markes it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If the item sold at the summer price, what percent of the original price did it sell for? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = the original price = price after 1st markdown
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The item sold at 64% of the original price