Randy's Clothes Store is having their first annual going out of business sale. Every item in the store is 60% off.
John has a coupon for 40% off a jacket he really likes. What total percentage is John getting off on the jacket?
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60% off: price = (1 - (60/100)) = 0.4 times normal.
Apply the 40% off coupon: 0.4 * (1- (40/100)) = 0.4 * 0.6 = 0.24
1- 0.24 = 0.76 = 76 percent total discount