A jacket is priced at HK\$400. A shop gives a discount of 20% and then a further 5% off the reduced price. What is the final price?

Answer and explanation

Correct answer: C. HK\$304

  1. Step 1: After the first discount: HK\400 × 0.8 = HK\.
  2. Step 2: After the second: HK\320 × 0.95 = HK\.
Answer
HK\$304.
Why not the others: HK\$300: the two discounts are added; the second applies to the reduced price. HK\$320: the second discount is left out.

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