The original price of a tape recorder is 300 yuan, which has been reduced by 1 / 5 for two consecutive times. How much is the current price?

The original price of a tape recorder is 300 yuan, which has been reduced by 1 / 5 for two consecutive times. How much is the current price?

The original price of a tape recorder is 300 yuan, which has been reduced by 1 / 5 for two consecutive times. How much is the current price?
300 × (1-1 / 5) × (1-1 / 5)
=240 × 4 / 5
=192 yuan
A: the current price is 192 yuan