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The price of a dress was reduced by 75%, and then reduced again by 75% of the discounted price. What was...

The price of a dress was reduced by 75%, and then reduced again by 75% of the discounted price. What was the overall percentage decrease?

Answer

Let's assume the original price of the dress is $100.

  1. First reduction: 75% of $100 is $75, so the price after the first reduction is $100 - $75 = $25.
  2. Second reduction: 75% of $25 is $18.75, so the price after the second reduction is $25 - $18.75 = $6.25.
  3. The overall decrease in price is $100 - $6.25 = $93.75.
  4. The overall percentage decrease is ($93.75 / $100) * 100% = 93.75%.

Therefore, the overall percentage decrease is 93.75%.

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