a department store sells logo shirts at an original price of $20. every month that a shirt doesnt sell, the…

a department store sells logo shirts at an original price of $20. every month that a shirt doesnt sell, the store reduces the selling price by 25%. store employees get a 50% discount off the current price. macy works at the store and buys the shirts going into the second markdown month. what will the pre - tax price of the shirt be for macy?

a department store sells logo shirts at an original price of $20. every month that a shirt doesnt sell, the store reduces the selling price by 25%. store employees get a 50% discount off the current price. macy works at the store and buys the shirts going into the second markdown month. what will the pre - tax price of the shirt be for macy?

Answer

Explanation:

Step1: Calculate the price after the first markdown

The original price is $20. After the first - month markdown of 25%, the price is $20\times(1 - 0.25)=20\times0.75 = 15$.

Step2: Calculate the price after the second markdown

The price after the second - month markdown of 25% on the already marked - down price of $15$ is $15\times(1 - 0.25)=15\times0.75 = 11.25$.

Step3: Calculate Macy's price with the employee discount

Macy gets a 50% discount off the current price. So her pre - tax price is $11.25\times(1 - 0.5)=11.25\times0.5 = 5.625$.

Answer:

$5.625$