Question

The selling price of an item is ​$360. After 6 months of not​ selling, it is marked down by 10​%. After another 6 months of not​ selling, it is further marked down by 20​%. Find the sale price after both markdowns.

Answer 1

Answer:

1st markdown = ​$324

2nd markdown = ​$259.20

Step-by-step explanation:

current price = 360

1st 6 months = 10% down

                     = 90% of 360

                     = 324

2nd 6 month = 20% down of first 6 month

                      =  20% down of 324

                      =  80% of 324

                      = 259.20