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During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month

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by Vincen » Tue Apr 28, 2020 8:05 am
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During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay?

A. 40%
B. 45%
C. 55%
D. 60%
E. 62.5%

[spoiler]OA=D[/spoiler]

Source: Veritas Prep
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Re: During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the m

by Scott@TargetTestPrep » Fri May 01, 2020 3:25 am
Vincen wrote: ↑
Tue Apr 28, 2020 8:05 am
 During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay?

A. 40%
B. 45%
C. 55%
D. 60%
E. 62.5%

[spoiler]OA=D[/spoiler]

Source: Veritas Prep
If the TV was purchased during the last week of the month and the original cost was n, we have:

0.75n * 0.8 = 0.6n

Answer: D

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