The price of a commodity is reduced by 20% for the first time and 30% for the second time. Now the price of this commodity is lower than the original price () A. 50% B. 44% C. not sure

The price of a commodity is reduced by 20% for the first time and 30% for the second time. Now the price of this commodity is lower than the original price () A. 50% B. 44% C. not sure

Suppose the original price is 1, then: 1 × (1-20%) × (1-30%), = 1 × 80% × 70%, = 0.56; (1-0.56) △ 1, = 0.44 △ 1, = 44%; a: now the price of this commodity is 44% lower than the original price