The price of a camera is reduced by 30 of its original, Finance Basics

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The price of a camera is reduced by 30 of its original

Question: The price of a camera is reduced by 30% of its original price. when it does not sell it's price reduced by another 30% of the reduced price. the sales person informs you that there has been a total reduction of 60%. is the salesperson correct? if not what is the actual percent reduction from the original price?

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Finance Basics: The price of a camera is reduced by 30 of its original

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