Morgan's Department Store mailed out 15%-off coupons for its 20^th Anniversary Sale. The coupons may be used for any products in the store. For items already on sale, the coupon applies to the sale price.
a) What price would a coupon-holder pay for a bedspread (regular price $295) already on sale at 20% off?
b) What single rate of markdown would have the same effect as the two price reductions?

Question

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The Answer of Morgan's Department Store mailed out 15%-off coupons for its 20^th Anniversary Sale. The coupons may be used for any products in the store. For items already on sale, the coupon applies to the sale price. a) What price would a coupon-holder pay for a bedspread (regular price $295) already on sale at 20% off? b) What single rate of markdown would have the same effect as the two price reductions?

Morgan's Department Store Mailed Out 15%-Off Coupons for Its 20th

Morgan's Department Store Mailed Out 15%-Off Coupons for Its 20^th