An item is originally priced to sell for $85 and is marked down 20%. A customer has a coupon for an additional 35%. What is the total percent reduction and the finalselling price?The total percent reduction is %.The final selling price is $.

Given that, Original selling price = $85 Marked down = 20% Additional discount (coupon) = 35%

Answered: An item is originally priced to sell…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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An item is originally priced to sell for $85 and is marked down 20%. A customer has a coupon for an additional 35%. What is the total percent reduction and the final selling price? The total percent reduction is %. The final selling price is $