First, find the 40% discount. 40% of 195 is 78 195 x 0.40 = 78 Subtract that from 195 195 - 78 = 117 Now, find 66 2/3% of 117, since it is an additional reduction after the original discount. 2/3 = 0.667, so 66 2/3% is 66.667% 117 x 0.66667 = 78.00039 And subtract that from 117 117 - 78.00039 = 38.99961, which in dollars would be $38.99. (hundredths, etc. of a cent are usually just dropped; no rounding involved.) The discount price would then be $38.99