A retail sales company has discontinued a product that normally sold for $100. During the first month of a sale of the product, a 20 percent discount was given. Later that sale price was reduced by an additional 40 percent. What was the overall discount from the original selling price?
A) 60 percent.
B) 52 percent.
C) 48 percent.
D) 30 percent.

Question

Quizplus · Accepted Answer

The first discount reduces the price to $80 (20% off $100). The second discount is 40% off $80, which is $32, making the final price $48. The overall discount is $100 - $48 = $52, which is 52% of the original price.

A Retail Sales Company Has Discontinued a Product That Normally