The price of an item is discounted 5 percent on day 1 of a sale. On day 2, the item is discounted another 10 percent, and on day 3, it is discounted an additional 15 percent. The price of the item on day 3 is what percentage of the sale price on day 1?
Pick one: A) 28% B) 40% C) 64.8% D) 76.5% E) 78%
Let initial price be 1000   Price in day 1 after 5% discount = 950   Price in day 2 after 10% discount = 855   Price in day 3 after 15% discount = 726.75   So, Price in day 3 as percentage of the sale price on day 1 will be = 726.75/950*100= 
<gadget id="calculator">726.75/950*100</gadget>
<output>76.5</output>
&gt; 76.5%   Answer will definitely be (76.5%)
<result>D</result>
The price of an item is discounted 5 percent on day 1 of a sale. On day 2, the item is discounted another 10 percent, and on day 3, it is discounted an additional 15 percent. The price of the item on day 3 is what percentage of the sale price on day 1?