Question 1195858
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A salesperson bought an item for Tk. X and marked it up 50%. 
However, he could not sell the item during the first quarter and thus decided 
to provide a discount of 20% on the marked price. 
As the item remained unsold in the second quarters as well, he started 
to charge 70% of the discount value. 
What is the latest sales price of the item in terms of its buying price?
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<pre>
Let "p" be the bying price.

Then the marked price was 1.5p.


After 20% discount on the marked place the price was 0.8*1.5p = 1.2p.


When the salesperson started charging 70% of the discount value, the latest 
sales price was 0.7*1.2p = 0.84p.


<U>ANSWER</U>.  The latest sales price was 0.84p, in terms of buying price.
</pre>

Solved.


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On chains of discounts, &nbsp;see the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Percentage-problems-on-chains-of-discounts.lesson>Percentage problems on chains of discounts</A> 

in this site.