A jacket is priced at HK\$500. A shop gives a discount of 25% and then a further 20% off the reduced price. What is the final price?
Answer and explanation
Correct answer: A. HK\$300
- Step 1: After the first discount: HK\500 × 0.75 = HK\.
- Step 2: After the second: HK\375 × 0.8 = HK\.
Answer
HK\$300.
Why not the others: HK\$275: the two discounts are added; the second applies to the reduced price. HK\$375: the second discount is left out.
Practise more Money and Tax.
Free questions with an explanation for every one, and full timed Civil Service Recruitment: CRE and Basic Law Test (Hong Kong) mock tests.
More Money and Tax questions
- A salaries tax is charged on net income at 2% on the first HK\$50,000, 6% on the next HK\$50,000, 10% on the next HK\$50,000 and 14% on the…
- A salaries tax is charged on net income at 2% on the first HK\$50,000, 6% on the next HK\$50,000, 10% on the next HK\$50,000 and 14% on the…
- A salaries tax is charged on net income at 2% on the first HK\$50,000, 6% on the next HK\$50,000, 10% on the next HK\$50,000 and 14% on the…
- A jacket is priced at HK\$1,200. A shop gives a discount of 30% and then a further 20% off the reduced price. What is the final price?
- A jacket is priced at HK\$1,600. A shop gives a discount of 30% and then a further 20% off the reduced price. What is the final price?
- A jacket is priced at HK\$1,200. A shop gives a discount of 20% and then a further 20% off the reduced price. What is the final price?