Michael works in an electronics store. The manager tells Michael he wants to take 20% off a $495.00 television. If the television does not sell, the manager will again reduce the sale price by 25%. Michael tells the manager to reduce the original price by 45% because the sale price would be the same. Is Michael correct?
No. The sale price will be different. The manager will reduce the sale price. If you just do 45%, the television price will be larger than taking 25% off from the sale price.
