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Unable to sell a hat for $20, a haberdasher (hat seller) lowered the price to $8. It still did not sell, so he cut the price again to $3.20, and finally to $1.28. With one more markdown, he' Il be selling the hat at cost. Assuming that he followed a system in marking his price cuts, can you tell what the next markdown will be?

Unable to sell a hat for $20, a haberdasher (hat seller) lowered the price to $8. It still did not sell, so he cut the price again to $3.20, and finally to $1.28. With one more markdown, he' Il be selling the hat at cost. Assuming that he followed a system in marking his price cuts, can you tell what the next markdown will be?

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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3) Unable to sell a hat for $20, a haberdasher (hat seller) lowered the price to $8. It still did not sell, so he cut the price again to $3.20, and finally to $1.28. With one more markdown, he' Il be selling the hat at cost. Assuming that he followed a system in marking his price cuts, can you tell what the next markdown will be?
Transcribed Image Text:3) Unable to sell a hat for $20, a haberdasher (hat seller) lowered the price to $8. It still did not sell, so he cut the price again to $3.20, and finally to $1.28. With one more markdown, he' Il be selling the hat at cost. Assuming that he followed a system in marking his price cuts, can you tell what the next markdown will be?
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