A bike was recently marked down $200.00 from its initial price. If you have a coupon for an additional 30% off after the markdown, how much will the bike cost if it was originally $950.00?

Percentage is represented by '%' symbol. The final cost of the bike will be equal to $490.What is Percentage?A percentage is a way to describe a part of a whole. such as the fraction 1/4 can be described as 0.25 which is equal to 25%.Given to usThe initial cost of the bike, P = $950Additional coupon = 30%Marked down = $200We know the original cost of the bike which is $950. therefore, when the price of the bike was marked down, its cost will be,$900 - $200 = $700Thus, the marked-down cost of the bike will be $700.As it is given that we have an additional 30% off after the markdown, therefore, cost of the bike will be 70% of the marked price,[tex]70\%\ of\ \$700\\\\ = 0.70 \times 700\\\\= \$490[/tex]Hence, the final cost of the bike will be equal to $490.Learn more about Percentage: