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

If something starts out costing $500, and then is marked down by 25% on each of three separate occasions,what is the final price
asked 65.9k views
1 vote
If something starts out costing $500, and then is marked down by 25% on each of three separate occasions,what is the final price

asked
User Reza Ahmadi
by
8.0k points

1 Answer

6 votes
First markdown: 0.75($500) = $375
Second markdown: 0.75($375) = $281.25
Third markdown: 0.75($281.25) = $210.94
answered
User Matthewmcneely
by
7.1k points
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