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The marked price of coat was $40\%$ less than the suggested retail price. Eesha purchased the coat for half of the marked price at the $15\text{th}$ anniversary sale. What percent less than the suggested retail price did Eesha pay?

  1. $60\%$
  2. $20\%$
  3. $70\%$
  4. $30\%$

1 Answer

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5 5 votes
Let the retail price = 100
So the market price will be = (100 - 40)% (100) = 60
Easha purchased price = 60/2 = 30
So she bought it for 70% less than retail price.
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