During the sale, the price of the same product was reduced first by 15%, and then by another 20%.
During the sale, the price of the same product was reduced first by 15%, and then by another 20%. How much was the original price reduced by what percentage?
1. Let’s denote the original price of the product by the letter A, this is 100%. If it was reduced by 15%, then it will become equal in percentage terms:
100 – 15 = 85%.
2. Let us decide by proportion what the price will be equal to in value terms:
100% – A;
85% – H.
Where from:
X = A x 85/100;
X = 0.85 x A.
3. If the price of the goods decreases by 20%, then it will be equal in percentage terms:
100 – 20 = 80%.
4. Now the 100% price of the commodity is already 0.85 x A. Let us find by the proportion what it will be equal to after a 20% decrease:
100% – 0.85 x A;
80% – W.
Where from:
Y = (0.85 x A x 80) / 100;
Y = 0.68 x A.
5. Next, we find how much the price of the goods has decreased in value terms:
A – 0.68 x A = 0.34 x A.
6. Let’s calculate by what percentage the original price was reduced:
A – 100%;
0.34 x A – Z.
Where from:
Z = (0.34 x A x 100) / A;
Z = 34%.
Answer: The original price has been reduced by 34 percent.