problem: percent calculation rate example 6
example: A dress is marked down 20% and then it is marked down another 15% from the discounted price.
question: By what percent is the dress marked down after both discounts?
answer: percent calculation rate example 6
given: base value (old price) = 100%
first mark down:
wanted: rate
100% – 20% = 80%
second mark down:
given: base value = 80%
wanted: rate
15% reduction means 100% – 15% = 85% from the result of the first mark down (80%)!
80% * 0,75 = 68%
Finally we subtract:
100% – 68% = 32%
answer:
The dress was marked down after both discounts by 32%.