To solve this, we will calculate how much of the original price remains after the two discounts are applied consecutively.

1. Step 1: Apply the first discount (60% off)
   After a 60% discount, you're paying $100\% - 60\% = 40\%$ of the original price.

2. Step 2: Apply the second discount (25% off the clearance price)
   Now, an additional 25% is taken off the remaining 40% of the original price. You're paying $100\% - 25\% = 75\%$ of this clearance price.

3. Step 3: Calculate the final percentage
   You pay 75% of 40% of the original price, which is: $0.75 \times 0.40 = 0.30$ This means you end up paying 30% of the original price.

Thus, the final answer is 30% of the original price.

Would you like further details on this?

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Here are 5 related questions for practice:

1. If an item was originally $80, how much would you pay after these discounts?
2. What would be the final price if the first discount was 50% and the second was 20% off the clearance price?
3. How much would you save on an item priced at $120 with a 60% markdown and additional 25% off?
4. If the sale had an additional 30% off instead of 25%, what would the final percentage paid be?
5. What if the second discount was applied first, followed by the initial clearance discount—how would the result change?

Tip: Always apply consecutive percentage discounts on the reduced price from the previous step, not directly on the original price!