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The price of an item is reduced by 30% of its original price. A week later it is reduced by 20% of the reduced price. The cashier informs you that there has been a total reduction of 23%. Is the cashier using percentages correctly? If not, what is the actual percent reduction from the original price?
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Pretend that the original price of the item is $100. If it is reduced by 30%, it will be $70. 23% from that will be $56... so, what do you think?
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