Asif123 wrote:
A crockery store offered a sale of 15% on their products. If a specific product was already on 10% sale, what is the percent decrease from the original price before any discount to the current price?
a. 5%
b. 10.5%
c. 15%
d. 23.5%
e. 25%
Let $100 = the original price.
After a 10% discount, the new price = $100 - (10% of $100)
= $100 - ($10)
= $90
After a further 15% discount, the new price = $90 - (15% of $90)
= $90 - ($13.50)
= $76.50
What is the percent decrease from the original price before any discount to the current price? The price has decreased from $100 to $76.50
Percent decrease = (100)(change in value)/(original value)
= (100)(100 - 76.50)/100
= (100)(23.5)/100
= 23.5%
Answer: D