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A magazine subscription first cost $\$ 50$, but was then marked down $
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04 Aug 2025, 13:41
04 Aug 2025, 13:41
Expert Reply
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A magazine subscription first cost $\(\$ 50\)$, but was then marked down $\(20\) %$. The next month it was marked down another $\(10 \)%$. What is the percent by which the magazine has been reduced from its original price?
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28 %
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A magazine subscription first cost $\$ 50$, but was then marked down $
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14 Aug 2025, 10:21
14 Aug 2025, 10:21
Expert Reply
Let's analyze the problem step-by-step:
1. Original price: $\(\$ 50\)$.
2. First markdown: $20 \%$ off.
- $20 %$ of $\(\$ 50=0.20 \times 50=\$ 10\)$.
- New price after first markdown $\(=50-10=\$ 40\)$.
3. Second markdown: $10 %$ off the new price.
- $10 %$ of $\(\$ 40=0.10 \times 40=\$ 4\)$.
- New price after second markdown $\(=40-4=\$ 36\)$.
4. Total reduction from original price:
- Amount reduced $=$ original price - final price $\(=50-36=\$ 14\)$.
5. Percent reduction:
\(\frac{14}{50} \times 100\) %=28%
Answer: The magazine has been reduced by $\(28\) %$ from its original price.
1. Original price: $\(\$ 50\)$.
2. First markdown: $20 \%$ off.
- $20 %$ of $\(\$ 50=0.20 \times 50=\$ 10\)$.
- New price after first markdown $\(=50-10=\$ 40\)$.
3. Second markdown: $10 %$ off the new price.
- $10 %$ of $\(\$ 40=0.10 \times 40=\$ 4\)$.
- New price after second markdown $\(=40-4=\$ 36\)$.
4. Total reduction from original price:
- Amount reduced $=$ original price - final price $\(=50-36=\$ 14\)$.
5. Percent reduction:
\(\frac{14}{50} \times 100\) %=28%
Answer: The magazine has been reduced by $\(28\) %$ from its original price.
gmatclubot
A magazine subscription first cost $\$ 50$, but was then marked down $ [#permalink]
14 Aug 2025, 10:21
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