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15 April, 08:52

If something starts out costing $500 and then is marked down by 25% on each of three separate occasions what is the final price

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  1. 15 April, 11:40
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    500 * 25%

    = 500*1/4

    =125 1st time marked down.

    Then, 500-125 = 375

    375 * 25%

    =375*1/4

    =93.75 2nd time marked down.

    Then, 375-93.75 = 281.25

    281.25 * 25%

    =281.25*1/4

    =70.31 3rd time marked down.

    Then, 281.25 - 70.31 = $210.94

    The final price is $21.94
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