Question

The selling price of an item is ​$550. After 6 months of not​ selling, it is marked down by 20​%. After another 6 months of not​ selling, it is further marked down by 10​%. Find the sale price after both markdowns.

Answer 1

For the first markdown, you would multiply 550 by 0.20. For the second, you would multiply what you got for the first one by 0.10.