a store has clearance items that have been marked down by 40%. they are having a sale, advertising an…

a store has clearance items that have been marked down by 40%. they are having a sale, advertising an additional 35% off clearance items. what percent of the original price do you end up paying? enter an integer or decimal number more... give your answer accurate to at least one decimal place. question help: message instructor submit question

a store has clearance items that have been marked down by 40%. they are having a sale, advertising an additional 35% off clearance items. what percent of the original price do you end up paying? enter an integer or decimal number more... give your answer accurate to at least one decimal place. question help: message instructor submit question

Answer

Explanation:

Step1: Find price after first - markdown

Let the original price be $P$. After a 40% markdown, the price becomes $P(1 - 0.40)=0.60P$.

Step2: Find price after second - markdown

There is an additional 35% off the already - marked - down price. So the final price is $0.60P\times(1 - 0.35)$. $0.60P\times0.65 = 0.39P$.

Answer:

39.0%