During a clearance sale, a retailer discounted the original price of its TVs by 24% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay? Select the correct option:	A) 40%	B) 45%	C) 55%	D) 60%	E) 62%
VERITAS PREPOFFICIAL SOLUTION:   D. With percent problems, the key is often to make sure that you take the percent of the correct value. In this case, the initial 25% off means that customers will pay 75% of the original price. Then for the second discount, keep in mind that the discount is taken off of the sale price, not of the original price. So that's 20% off of the 75% that they did pay, which can be made easier by looking at what the customer does pay: 80% of the 75% sale price. Using fractions, that means they pay: 4/5*(3/4) of the original price, which nets to 3/5 of the original price, or 62%.   62%
<result>E</result>
During a clearance sale, a retailer discounted the original price of its TVs by 24% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay?