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 ?10020=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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