Question
The price of a dress is reduced by $40 \% .$ When the dress still does not sell, it is reduced by $40 \%$ of the reduced price. If the price of the dress after both reductions is $\$ 72,$ what was the original price?
Step 1
We know that $Y$ was reduced by 40% to give $X$. This can be written as: \[Y - 0.4Y = X\] or \[0.6Y = X\] Show more…
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