the Globe Theatre Toy company is finding it next to impossible to sell it new Shakespeare's action figure after extremely with the first three months the company drop the price of each action figure by dollar 10 but says share the same so the company was forced to cut the old tree discounted price by 80% if the action figures are now selling for Dollar 1 each after both price cut what was the original price?
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Answer:
Step-by-step explanation:
Initial share price: x
Initial price drop: x-10$
Secondary price drop: (x-10)- 80%= (x-10)*0.2
Final price- 1$
So,
(x-10)*0.2=1
x-10=5
x=15$ - original price
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