Question: A store increases the price of a product by 25% and then offers a 20% discount. If the original price was $80, what is the final price after the discount?
Options:
Correct Answer: $85
Solution:
New price after increase = 80 + (25% of 80) = 80 + 20 = $100. Discount = 20% of 100 = 20. Final price = 100 - 20 = $80.