math
posted by i love polka .
the price of a dress is reduced by 40%, when the dress still does not sell, it is reduced by .40 of the reduced price, if the price of the dress after both reductions is $72, what was the original price?
how would i create an equation for this?

72={.60)(.60)originalprice
72=.36*originalprice 
Let x = the second price of the dress.
0.6x = 72
x = 120
Let y = the original price.
0.6y = 120
y = ? 
45