Percentages

Question

An item at the store increased in price by 15%, but then it went on sale and was marked down by 15%.

After both changes the item will cost ____% of the original price. (Round to the nearest tenth.)

Answer 1

Jesse,

 

Let $100 be the original price of item

Store increased the price by 15% so the new price is $115

Then it went on sale and was marked down by 15% new price is

(85/100)*115 = 97.75

 

After both changes the item costs 97.75 or 97.8% of the original price