Question

The price of a $250 item after successive discounts of 20% and 30% is?

Answer 1

Answer:

The price of item after successive discounts are 20% and 30% is $140.

Step-by-step explanation:

The marked price of item is $250.

Two successive discounts are 20% and 30%.

Price of item after discounts of 20% is

$250-\frac{20}{100}(250)=250-50=200$

New price of item after first discount is $200.

Price of item after second discount, i.e., 30% is

$200-\frac{30}{100}(200)=200-60=140$

Therefore, the price of item after successive discounts are 20% and 30% is $140.