A jacket originally priced at $80 is marked down by 25%. An additional 10% discount is then applied to the sale price. What is the final price of the jacket?
✓ Correct Answer: Option B
First discount: $80 * (1 - 0.25) = $80 * 0.75 = $60. Second discount: $60 * (1 - 0.10) = $60 * 0.90 = $54.