Question

A television set that retails for $600 is markdown by 20%. At checkout, an additional 20% is marked off the price of the TV. Find the final selling price of the television set.
$360
$375
$384
$400

Answer 1

To find the final selling price of the television set, we will first apply the initial markdown of 20% and then apply the additional 20% discount on the new price.

1. Calculate the first markdown of 20% on the original price:
\[
\text{Markdown Amount} = 600 \times 0.20 = 120
\]
\[
\text{Sale Price after First Markdown} = 600 - 120 = 480
\]

2. Now, apply the additional 20% discount on the new sale price of $480:
\[
\text{Additional Markdown Amount} = 480 \times 0.20 = 96
\]
\[
\text{Final Selling Price} = 480 - 96 = 384
\]

Thus, the final selling price of the television set is **$384**.