Percent calculation part example 4

Price $ 840, first reduction by 20%, second reduction by 15%

What is the reduced price?

first reduction by 20%

1. step: given/wanted

given: the base value = $ 840,- the rate = 80% (100% – 20%)

wanted: part (new price)

2. step formula:

part = base * rate : 100

part = 840 * 80 : 100

part = 672 $

Price after first reduction 672 $.

second reduction by 15%:

1. step: given/wanted

given: the base value = $ 672,- the rate = 85% (100% – 15%)

wanted: part (new price)

2. step formula:

part = base * rate : 100

part = 672 * 85 : 100

part = 571,20 $

The new price is 571,20 $.