What was the final percentage reduction for a customer who bought shoes at Shush Puppy during this sale?

March 5, 2010 by admin · 2 Comments
Filed under: Other - Business & Finance 
shoes
Michael asked:


Way West Acres shopping mall had a sale. Every store marked down their prices by 15%, and Shush Puppy Shoes also reduced their prices by an additional 20%. What was the final percentage reduction for a customer who bought shoes at Shush Puppy during this sale?

Comments

2 Responses to “What was the final percentage reduction for a customer who bought shoes at Shush Puppy during this sale?”
  1. Kathryn says:

    32%.

    The price paid would be 85% (to account for the original 15% discount) multiplied by 80% of that (to account for the additional 20% discount). .85 * .80 = .68. If 68% is the amount paid, then 32% (100% - 68%) is the amount of the total discount.

    Here’s the proof:

    If the original price of an item is $100 and you save 15%, the price becomes $85. If you save 20% off the $85, you save an additional $17. $85 - $17 = $68. That means you saved $32 from the original $100, or 32%. Kathryn

  2. Ben says:

    It seems like it would be 35%.
    Unless the 20% reduction is off the price already reduced by 15%, in which case it would be 32% Ben

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