A discount electronics store normally sells all merchandise at a discount of 10 percent to 40 percent off the suggested retail price. If, during a special sale, an additional 5 percent were to be deducted from the discount price, what would be the lowest possible price of an item costing $500 before any discount?
Options:
A) $130.00
B) $285.00
C) $200.00
D) $258.00
E) $210.00
Original price : 500 $   Max first discount = -40%   Thus : 500âˆ—(1âˆ’40/100)=300   Second discount on the discounted price = -20%   Thus : 300âˆ—(1âˆ’5/100)=285   Answer $285.00.
<result>B</result>
A discount electronics store normally sells all merchandise at a discount of 10 percent to 40 percent off the suggested retail price. If, during a special sale, an additional 5 percent were to be deducted from the discount price, what would be the lowest possible price of an item costing $500 before any discount?