Astore has clearance items that have been marked down by  50%. they are advertising an additional markdown of  25%  off the clearance price. a cashmere sweater has an  original price of  $345,  but is now a clearance item. what will the final price of the sweater be after all discounts are applied? round your answer to the nearest cent.

The final price of the sweater after all discounts are applied will be $129.38

Explanation

A cashmere sweater has an original price of $345

So, the clearance price after 50% marked down will be: dollar

Now, the additional markdown is 25% of the clearance price. So, the additional marked down amount dollar

So, the final price of the sweater after all discounts are applied will be : = $ 129.38  (Rounding to the nearest cent)