Indigo Depot is having a clearance sale of their fall items. A jacket that originally cost $120 before any discount is on sale for 15% off. If the jacket is then put on clearance for an additional 30% off the sale price, what is the final price? Round your answer to the nearest cent, if necessary.

The final price is $66.

Step-by-step explanation:

This question can be solved by a rule of three.

The initial price was of $120.

Initially, there was a discount of 15%. Then, there is another discount on the initial price. So the total discount is of 15+30 = 45%.

So the final price will be 100-45 = 55% = 0.55 of the initial price.

So

$120 - 1

x - 0.55

The final price is $66.

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