Posted by **FIZZ** on Friday, May 2, 2014 at 8:25am.

3.THE markdown percent for a camera is 20%.if the new retail price is RM250, find the old retail price.

- MATH(markup and markdown ) -
**Writeacher**, Friday, May 2, 2014 at 8:37am
Multiply:

250*1.2 = ??

(RM250 x 120%)

- MATH(markup and markdown ) -
**FIZZ**, Friday, May 2, 2014 at 8:48am
rm250/100x120 ?

is that true my formula?

- MATH(markup and markdown ) -
**Reiny**, Friday, May 2, 2014 at 8:53am
old price --- x

.8x = 250

x = 250/.8 = 312.50

check:

markdown on 312.50 = .2(312.50) = 62.50

new price = 312.50 - 62.50 = 250

- MATH(markup and markdown ) -
**FIZZ**, Friday, May 2, 2014 at 8:57am
how get .8 ?100-20=80 then divided by 100 = .8 ?

- MATH(markup and markdown ) -
**Reiny**, Friday, May 2, 2014 at 9:01am
I respectfully disagree, the answers are not the same

If I take a take a 20% markdown on your $300

I get $60, which would leave a new price of $240, not $250

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