The selling price of an item is $360. After 6 months of not selling, it is marked down by 10%. After another 6 months of not selling, it is further marked down by 20%. Find the sale price after both markdowns.

1st markdown = $324

2nd markdown = $259.20

Step-by-step explanation:

current price = 360

1st 6 months = 10% down

                     = 90% of 360

                     = 324

2nd 6 month = 20% down of first 6 month

                      =  20% down of 324

                      =  80% of 324

                      = 259.20

step-by-step explanation: