Successive markdowns on a $25 shirt of 25% and then 15% are equal to a single markdown of what percent? Explain how you would solve the problem using a calculator. Then solve.
64%. First, multiply 25 by 0.75 (1-.25). Then multiply the answer, 18.75, by .85 (1-.15). That should be 15.94. To find the total markdown, divide the new price by the old price (15.94/25.00), which is 64%. This is the way I know how to do this problem. It is possible there is another way. Yoy know best whether this is the method taught in class/your textbook or not.