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  • 24-03-2016
  • Mathematics
Answered

if something starts out costing $500 and then is marked down by 25% on each of three separate occasions what is the final price

Verified Answer :

vrwarrier
vrwarrier vrwarrier
  • 24-03-2016

500 25%
= 500
1/4
=125 1st time marked down.

Then, 500-125 = 375
375 25%
=375
1/4
=93.75 2nd time marked down.

Then, 375-93.75 = 281.25
281.25 25%
=281.25
1/4
=70.31 3rd time marked down.

Then, 281.25 - 70.31 = $210.94

The final price is $
21.94

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