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. \(62.5\%\)
Answer: D
Source: Veritas Prep
During a clearance sale, a retailer discounted the original price of its TVs by \(25\%\) for the first two weeks of the
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You can just imagine a TV costs $100. After the initial 25% discount, the TV costs $75, and if this new price is discounted by 20%, or by $15, the final price is $60, which is 60% of the original price.
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