Question

One style of basket originally sold for $10.60. the first decrease was 24%, and the second was 14%. What is the cost of a basket today?

Answer 1

The cost of the basket today is `$6.92`

Explanation:

So we need to multiply $10.60 by 0.24 (converting 24% to a decimal value which is 0.24) which gives us 2.544.

Now, we subtract 2.544 from 10.60 like this: `10.60-2.544` which gives us `8.056`.

Next, we multiply 8.056 by 0.14 (converting 14% to a decimal value which is 0.14) which gives us 1.12784.

The last step is to subtract 1.12784 from 8.056 like this `8.056-1.12784` which gives us `6.92816`.

To the nearest ones of `6.928`, the basket would cost `$6.92`