Question 339144
Originally the price was {{{P}}}.
After the first discount the price was {{{P-(40/100)P=0.6P}}}
After the second discount, the price was {{{0.6P-(40/100)(60/100)P=0.6P-0.24P=0.36P}}}
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You are now paying 36% of the original price so the price has been reduced 64%.